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The demand for consumer electronics items is skyrocketing throughout the area. Mobile phones, computers, television sets, and tablets are just a handful of popular consumer electronics goods. Home appliance demand is increasing significantly, including washing machines, air conditioners, refrigerators, dishwashers, and refrigerators.
PMICs are electronic components that provide highly integrated, high-performance power management solutions to a variety of end-users, including automotive, consumer electronics, telecommunications and networking, and others. PMICs have the capacity to provide optimal integration solutions due to capabilities such as power management, system control, battery management, interface & audio functions, and other system-specific tasks.
In a mobile phone, the power management integrated circuit (PMIC) is in charge of most of the power demands as well as additional functions like audio and interface. The need for cellular phone power management ICs is increasing as the number of phones on the market grows.
The North America Power Management IC (PMIC) Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
MagnaChip Semiconductor Corporation introduced its first UHD display panel PMIC for laptops, launching a new series of power management integrated circuits (PMICs).
PMICs are integrated circuits that combine various power management tasks into a single chip. They’re commonly used to power space-constrained devices that demand high-efficiency and small form factors. They are required for battery-operated devices since the efficacy of the PMIC’s power management capabilities determines the battery life.