Power Integrations Inc
NASDAQ:POWI
POWI's latest stock split occurred on Aug 19, 2020
The company executed a 2-for-1 stock split, meaning that for every share held, investors received 2 new shares.
Before the split, POWI traded at 116.53 per share. Afterward, the share price was about 55.0894.
The adjusted shares began trading on Aug 19, 2020. This was POWI's 2nd stock split, following the previous one in Nov 23, 1999.
WTO
Power Integrations Inc
Glance View
Power Integrations Inc., a pivotal figure in the semiconductor industry, weaves its story through a tapestry of innovation and specialization. Founded in 1988, the company carved out a distinctive niche by focusing on developing high-performance electronic components used in power conversion. These components, often minute in size but substantial in function, are integrated into larger systems to manage and adapt electrical energy flowing into a device. The heart of Power Integrations’ business is its proprietary integrated circuits, which facilitate energy-efficient power conversion across various applications ranging from mobile devices and appliances to industrial products and renewable energy systems. The company’s revenue model thrives on selling these integrated circuits to leading manufacturers, capitalizing on trends in energy efficiency and consumption. By ensuring products like LED lights, appliances, and smartphones utilize power subtly yet effectively, Power Integrations helps manufacturers meet regulatory standards for energy use, while also enabling more efficient product designs. Their focus on innovation is reflected in their substantial investment in Research and Development, ensuring they remain at the forefront of power conversion technology. This relentless pursuit of innovation, bolstered by strategic partnerships and licensing agreements, secures Power Integrations' position not only as a supplier of essential components but as a formidable influencer steering the direction of power electronics.
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