Record Quarterly Revenue
MPS achieved record quarterly revenue of $637.6 million, which is 39.2% higher than Q1 2024.
Storage and Computing Segment Growth
The storage and computing segment revenue increased 38% quarter-over-quarter due to strong demand for memory and notebook solutions.
Automotive Revenue Growth
Automotive revenue increased by 13% from Q4 2024, marking the third consecutive quarter of sequential double-digit growth.
Global Diversification Strategy
MPS has successfully diversified its global manufacturing and R&D efforts, positioning itself well against tariffs and geopolitical risks.
Innovation and Product Development
MPS continues to focus on innovation, showcasing new opportunities in robotics, automotive, data center, building automation, medical, and audio.