Taiwan Tech Focused Senior Analyst

Patrick Liao

Being invited, I joined Sellside, i.e. JPMorgan, Nomura and Macquarie, totally around 9-10 years. Before that, I joined International Data Corp (https://www.idc.com/) to be the Asia Semiconductor analyst for nearly 2 years, and being invited to do personal lectures in TSMC, UMC, Samsung and etc. In my working experiences, I also had the chance to join Taiwanese panel company, AUO (2409.TT) and the buyside, Chinalife (2823.TT), totally for over 1 year.
I obtained MS degree from the Tsing-Hua University. Then I worked in the Taiwan Semiconductor companies for around 11 years. I had several US patents during my stay in the Semiconductor industry.

Being worked in the sellside and buyside, I deeply dived in the Greater China Semiconductor industry and directly covered some companies, like TSMC (2330.TT, TSM.US), UMC (2303.TT, UMC.US), Vanguard (5347.TT), ASE (3711.TT, ASX.US), SPIL (merged with ASE and delisted), KYEC ( 2449.TT), JCET (600584.CH), ASMPT (522.HK), GWC (6488.TT), WinSemi (3105.TT), Mediatek (2454.TT), Silergy (6415.TT), Novatek (3034.TT), Guoxin Micro (002049.CH) etc.

Silergy (6415.TT): Our Preferred Pick Among 8-Inch Foundries and Silicon Wafer Manufacturers.

Realtek (2379.TT): Five Layers for Investment Logic.

Silergy (6415.TT): Announced June Month Revenue Showed

Silergy (6415.TT): Demand of PMIC IC Shall Be Uprising Since 2H26

Silergy (6415.TT): Strong May Revenue Growth of 30.6% YoY.

Silergy (6415.TT): Management Is Confident that Exceeding 20% Is Highly Feasible.

Equity Bottom-Up

<ul>
<li>Following the recent IC price increases implemented by <a href="https://www.smartkarma.com/entities/texas-instruments-inc" target="_blank" data-smartkarma-citation="entities:18804:1" rel="noopener">Texas Instruments (TXN US)</a>, <a href="https://www.smartkarma.com/entities/silergy-corp" target="_blank" data-smartkarma-citation="entities:13998:1" rel="noopener">Silergy Corp (6415 TT)</a> has also begun raising prices for its IC products.</li>
<li>Based on our understanding, automotive PMICs (Power Management ICs) and server-related products are likely the primary drivers behind this latest round of price increases.</li>
<li>Silergy’s products typically require approximately two years to complete the qualification process, including both system-level validation and product transition procedures.</li>
</ul>


Following the recent IC price increases implemented by Texas Instruments (TXN US), Silergy Corp (6415 TT) has also begun raising prices for its IC products.
Based on our understanding, automotive PMICs (Power Management ICs) and server-related products are likely the primary drivers behind this latest round of price increases.
Silergy’s products typically require approximately two years to complete the qualification process, including both system-level validation and product transition procedures.


Silergy (6415.TT): Price Increase Effective July 1st.