It started with a vision. Michael Hsing, pioneering engineer and CEO, founded Monolithic Power Systems, Inc. (MPS) in 1997 with the belief that an entire power system could be integrated onto a single chip, which would greatly enhance system performance and eliminate most of the iterative design efforts. Prior to founding MPS, Michael was a Senior Silicon Technology Developer at several analog IC companies, where he developed and patented key technologies, which set new standards in the Power Electronics industry.
In order to execute his vision, he created groundbreaking enabling technologies using a fully integrated power process in a CMOS foundry. In May of 1998, a single-chip solution for powering CCFL backlighting in Notebooks was launched. The product substantially reduced the total solution cost and design complexity, as well as significantly improved power conversion. As a result, this product stormed the laptop market by taking 40% market share in 2003 and 80% in 2005.
Immediately the company diversified into DC/DC products, which again reset the industry standard. In November 2004, Michael took the company IPO. Since then, the company has grown to 6 product lines with more than 1000 products and thousands of customers. In 2013, Michael fulfilled his vision: MPS introduced an industry first – a cost effective Monolithic Power Module that truly integrates an entire power system onto a single package, entering the industry into a new era of power management.
Today with 18 years of nonstop innovation, MPS is pushing technology to an unprecedented level: 1200 volts and 80A current with the 5th generation of process technology, continuing to lead the power semiconductor industry.
Whether he is flying planes, white water kayaking, or mountain biking, Michael is constantly creating cutting-edge solutions to improve the quality of life with green, easy-to-use power solutions. Under his passionate and creative leadership, MPS has succeeded not only in developing a monolithic power module that truly integrates an entire power system in a single package, but also it continues to defy industry expectations with its patented groundbreaking technologies.
Herbert Chang has served on our Board since September 1999. Mr. Chang has been the President of InveStar Capital, Inc. since April 1996, Chief Executive Officer of C Squared Management Corporation since April 2004, and is currently a Managing Member of Growstar Associates, Ltd., which is the General Partner and the Fund Manager of VCFA Growth Partners, L.P. The companies for which Mr. Chang is involved focus on investing in companies in the semiconductor, telecommunications and networking, software, and/or Internet industries. Mr. Chang serves on the board of directors of Marvell Technology Group Ltd., and a number of private companies. Mr. Chang received a B.S. in geology from National Taiwan University and an M.B.A. from National Chiao Tung University in Taiwan.
Eugen Elmiger has served on our Board since October 2012. Mr. Elmiger currently serves as Chief Executive Officer of Maxon group, a leading advanced motion company, a position that he has held since January 2011. From 1991 to 2011, Mr. Elmiger held senior executive positions in the sales, marketing and engineering divisions of Maxon motor. Mr. Elmiger holds a B.S. in Electrical Engineering from the Lucerne (Horw) University of Applied Science and Art.