Diodes Incorporated, along with its subsidiaries, delivers semiconductor products to companies in the automotive, industrial, computing, consumer electronics, and communications markets.
The company leverages its expanded product portfolio of analog and discrete power solutions, combined with leading-edge packaging technology, to meet customers’ needs. The company’s broad range of application-specific products and solutions-focused sales, coupled with global operations, including engineering, t...
Diodes Incorporated, along with its subsidiaries, delivers semiconductor products to companies in the automotive, industrial, computing, consumer electronics, and communications markets.
The company leverages its expanded product portfolio of analog and discrete power solutions, combined with leading-edge packaging technology, to meet customers’ needs. The company’s broad range of application-specific products and solutions-focused sales, coupled with global operations, including engineering, testing, manufacturing, and customer service, enable it to be a premier provider for high-volume, high-growth markets.
The company’s market focus is on high-growth, end-user applications in the following areas:
Industrial: embedded systems, precision controls, medical, clean energy, machine to machine, robotics, motor control, and Artificial Intelligence of Things (‘AIoT’);
Automotive: connected driving, comfort/style/safety, and electrification/powertrain;
Computing: cloud computing, server, Artificial Intelligence (‘AI’) server, storage, data centers, and edge AI;
Communications: smart phones, 5G networks, and enterprise networking; and
Consumer: Internet of Things (‘IoT’): wearables, home automation, home appliances, smart infrastructure, and charging solutions.
The company’s product line includes over 28,000 products, and it shipped approximately 39 billion units in 2024.
Strategy
The principal elements of the company’s strategy include continuing to rapidly introduce innovative analog and discrete power solutions semiconductor products; expanding its available market opportunities; maintaining intense customer focus; and pursuing selective strategic acquisitions.
In October 2024, the company completed its acquisition of Fortemedia, Inc. (‘Fortemedia’), a global company that focuses on developing high-quality solutions and semiconductor products that provide advanced voice processing technologies to enhance human-to-human and human-to-machine voice communication quality and efficiencies.
In June 2022, the company completed the acquisition of onsemi’s wafer fabrication facility and operations located in South Portland, Maine (‘SPFAB’).
Products
The company’s market focus is on high-growth, end-user applications in the following areas:
Discrete semiconductor products, including MOSFETs, and SiC MOSFETs; protection devices: data line protection, power line protection, thyristors, USB Type-C protection, and transient voltage suppressors; diodes; Schottky diodes, small signal switching diodes, Zener diodes, and SiC diodes; rectifiers: bridges, super barrier rectifiers, Schottky rectifiers, Schottky bridge rectifiers, and fast/ultra-fast rectifiers; and bipolar transistors: Avalanche transistors, gate driver transistors, and pre-bias transistors;
Analog products, including power management devices, such as AC-DC and DC-DC converters, USB power switches, low dropout, photocouplers, and linear voltage regulators; standard linear devices, such as operational amplifiers and comparators, current monitors, voltage references, and reset generators; LED lighting drivers; audio amplifiers; and sensor products, including Hall-effect sensors and motor drivers;
Mixed-signal products, including high-speed mux/demux, digital switches, interfaces, redrivers, universal level shifters/voltage translators, clock ICs, and packet switches;
Standard logic products, including low-voltage complementary metal-oxide-semiconductor (‘CMOS’) and advanced high-speed CMOS devices; ultra-low power CMOS logic; and analog switches;
Multichip products and co-packaged discrete, analog, and mixed-signal silicon in miniature packages;
Silicon and silicon epitaxial wafers used in manufacturing these products;
Frequency Control Products (‘FCP’), used in many of today’s advanced electronic systems. FCPs are electronic components that provide frequency references, such as crystals and crystal oscillators, for automotive, industrial, computing, communication, and consumer electronic products; and
Contact Image Sensor (CIS), an input device widely applied on, among other things, high-speed copy machines, check scanners, banknote identification validators (ATM, banknote detectors), and industrial inspection equipment (AOI/AVI). The company offers integrated sensor IC, illumination, and rod lenses to form the CIS module.
Product Packaging
The company’s device packaging technology includes a wide variety of innovative surface-mounted packages. Its focus on the development of smaller, more thermally efficient, and increasingly integrated packaging is a critical component of its product development. The company provides a comprehensive offering of miniature high power density packaging, enabling it to fit its components into smaller and more efficient packages, while maintaining the same device functionality and power handling capabilities. Smaller packaging provides a reduction in the height, weight, and board space required for the company’s components. The company’s products are well suited for broad applications in the industrial, automotive, computing, communications, and consumer applications.
Customers
The company serves over 50,000 customers worldwide. The majority of the company’s customers are served through its distribution network, and some are direct customers who purchase directly from the company. The company’s customers represent leading direct sales customers, representing a broad range of industries, leading EMS providers, and leading distributors. For the twelve months ended December 31, 2024, the company’s direct sales and EMS customers together accounted for 37% of its net sales.
The company’s close relationships with its customers have provided it with deeper insight into its customers’ product needs. In addition to seeking to expand relationships with its existing customers, the company’s strategy is to pursue new customers and diversify its customer base by focusing on leading global consumer electronics companies and their EMS providers and distributors.
Sales and Marketing
The company markets and sells its products worldwide through a combination of direct sales and marketing personnel, independent sales representatives, and distributors. The company’s marketing group focuses on its product strategy, product development roadmap, new product introduction process, demand assessment, and competitive analysis. The company’s marketing programs include participation in industry tradeshows, technical conferences, and technology seminars, online marketing, including its website, email, and social media, sales training, and public relations. The company’s marketing group works closely with its sales and research and development teams to align its product development roadmap. The marketing group coordinates its efforts with its product development, operations, and sales groups, as well as with its customers, sales representatives, and distributors. The company supports its customers through its global field application engineering and customer support organizations.
The company’s website, www.diodes.com, features an extensive online product catalog with advanced search capabilities. This, coupled with a comprehensive product selector guide, keyword search, cross-reference search, and system solution diagrams, facilitates quick and thorough product selection. The company’s website also provides easy access to its worldwide sales contacts and customer support, and incorporates a distributor-inventory check to provide component inventory availability.
Competitors
Some of the company’s larger competitors include Infineon Technologies A.G., Epson, Kyocera, Nexperia, NXP Semiconductors N.V., ON Semiconductor Corporation, Renesas Electronics Corporation, Texas Instruments, and Vishay Intertechnology, Inc.
Certain Relationships and Related Party Transactions
The company conducts business with the following related parties: Keylink International (B.V.I.) Inc. and its subsidiaries and affiliates (‘Keylink’), Nuvoton Technology Corporation (‘Nuvoton’), Jiyuan Crystal Photoelectric Frequency Technology Ltd. (‘JCP’), and Atlas Magnetics (‘Atlas’).
Keylink is a 5% joint venture partner in the company’s Shanghai assembly and test facilities. The company sells products to, and purchases inventory from, companies owned by Keylink. In addition, the company’s subsidiaries in China lease their manufacturing facilities in Shanghai from, and subcontract a portion of the manufacturing process (metal plating and environmental services) to, Keylink.
Atlas is an early-stage privately held fabless wafer design company in which the company holds a majority equity interest. The company determined that Atlas is a variable interest entity (‘VIE’) and that Atlas is a related party.
Seasonality
Historically, the company’s net sales have been affected by the cyclical nature of the semiconductor industry, whereby typically the fourth quarter is the quarter of the calendar year (year ended December 2024) with the smallest revenue. In addition, the company’s net sales have been subject to some additional seasonal variation, with weaker net sales in the first quarter.
History
Diodes Incorporated was founded in 1959. The company was incorporated in 1959 in California and reincorporated in Delaware in 1968.