Diodes Incorporated

What the company does

Global semiconductor company delivering analog and power solutions for a wide range of applications.
Uses a flexible hybrid manufacturing model to support application-specific products.
Serves original equipment manufacturers (OEMs) with a total solutions sales approach backed by engineering, testing, manufacturing, and customer service.
Target markets include Automotive, Industrial, Computing (AI data center, AI server, storage, edge AI), Consumer (IoT, wearables, home automation, charging), and Communications (smartphones, telecom, enterprise networking, smart infrastructure).

Market focus areas: Automotive (connected driving, electrification/powertrain, safety), Industrial (embedded systems, automation, medical, energy management, smart buildings), Computing, Consumer IoT, and Communications.
Product portfolio of more than 28,000 products.
Shipments: approximately 45 billion units in 2025; 39 billion in 2024; 42 billion in 2023.

Global footprint for design, engineering, marketing, wafer fabrication, assembly and test, and sales/logistics, including sites in Plano, TX; Milpitas, CA; Wuxi and Shanghai regions; Taiwan; Europe; and other locations.
Manufacturing facilities certified to ISO 9001:2015 and ISO 14001:2015.
Automotive product quality certified to IATF 16949:2016.
C-TPAT certified.
Maintains a multi-location network to support engineering, testing, manufacturing, and customer service.

Annual net sales from 2021 to 2025 ranged between $1.8 billion and $1.5 billion.
2025 highlights:
- Net sales increased 13.0% versus 2024 (highest growth level since 2021).
- Fourth quarter of 2025 marked the fourth consecutive quarter of double-digit year-over-year growth.
Financial targets:
- Long-term goal: $1.0 billion in gross profit on $2.5 billion in net sales (40% gross margin).
- 3-year interim targets: about $2.0 billion in annual net sales with roughly $700 million in gross profit (gross margin of 35%+).
Strategic priorities to reach targets:
- Deliver total systems solutions to simplify design and expand content.
- Increase focus on higher-margin segments, especially automotive and industrial, and on analog and power discrete products.
- Invest in technology leadership across target products, fabrication, and advanced packaging.
- Pursue selective strategic acquisitions to broaden the product portfolio and accelerate new offerings.
Outlook considerations include global economic conditions, financial markets, customer demand and payment behavior, order stability, and consumer demand for end-market products.