Power Integrations Reports First-Quarter Financial Results

Power Integrations today announced financial results for the quarter ended March 31, 2015. Net revenues for the first quarter were $82.6 million, down five percent from the prior quarter and one percent from the first quarter of 2014. GAAP gross margin for the first quarter was 51.2 percent; operating margin was 8.4 percent. Net income for the quarter was $6.3 million or $0.21 per diluted share, compared with $0.48 per diluted share in the prior quarter and $0.40 per diluted share in the first quarter of 2014.

Power Integrations’ New Charger Design for Smart Mobile Devices Showcases High Power Density Capability of InnoSwitch ICs

Power Integrations today announced RDK-420, a new reference design kit for a 10 W CV/CC USB charger based on the company’s revolutionary InnoSwitch™-CH family of highly integrated switcher ICs. InnoSwitch ICs combine the primary-side switch together with primary and secondary controllers and feedback circuits into a single, worldwide safety-rated, surface-mount package.