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Silicon Mitus

Silicon Mitus is a South Korean fabless analog semiconductor company specializing in power management ICs (PMICs) for displays, smartphones, and automotive applications.

Last updated September 27, 2026

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Overview

Silicon Mitus (실리콘마이터스) is a South Korean fabless analog semiconductor company and the country's first dedicated power management IC (PMIC) specialist. Founded in 2007 by Dr. Heo Yeom (Huh Youm), a veteran of Samsung Electronics, Hyundai Electronics, Hynix, and MagnaChip, the company was backed by global venture capital firm Walden International. It is headquartered in Seongnam, Gyeonggi-do, South Korea, and maintains a United States presence in Cupertino, California. Silicon Mitus designs and supplies power management solutions for a wide range of electronic devices, including smartphones, TVs, monitors, laptops, tablets, IoT/wearable devices, and automotive displays. Its product portfolio includes display PMICs for LCD and OLED panels, smartphone PMICs, interface PMICs, fuel gauges, and automotive-grade TFT-LCD power supplies. The company achieved several industry firsts, including Asia's first mass production of LCD display PMICs in 2008 and mass production of smartphone OLED panel PMICs and smartphone PMICs in 2013. The company has grown rapidly, reaching KRW 100 billion in revenue in 2012, KRW 200 billion in 2017, and KRW 300 billion in 2021, with cumulative IC shipments surpassing 5 billion units by 2021. Silicon Mitus is widely recognized as South Korea's largest fabless semiconductor company outside of the major conglomerates. It has received numerous awards, including the GSA Start-up to Watch Award (2009), Best Revenue Growth Award (2011), Asia Tech Fast 500 (2011), the Presidential Award at the Korea Technology Awards (2016), the $200 Million Export Tower (2016), the Gold Tower Order of Industrial Service Merit (2017), and the POSCO Cheongam Award (2020). Silicon Mitus serves major domestic and international customers in the smartphone, TV, notebook, and PC markets. With over 200 analog experts on its team, the company continues to invest in R&D and is expanding into automotive and IoT growth areas, aiming to provide best-in-class power management solutions to customers across Asia, Europe, and the United States.

History

Silicon Mitus was founded in 2007 by Dr. Heo Yeom (Huh Youm), a semiconductor industry veteran who had previously served as a development director at Samsung Electronics' Computer Business Division (1989), CTO of Hyundai Electronics' US subsidiary (1994), head of Hynix's System Semiconductor Business Division (1998), and founding CEO of MagnaChip Semiconductor (2004). The company was established as a fabless analog semiconductor company specializing in power management ICs (PMICs), with investment from global venture capital firm Walden International. In 2008, Silicon Mitus achieved a significant milestone by becoming the first company in Asia to mass-produce PMICs for LCD displays. This early success positioned the company as a pioneer in the Korean system semiconductor industry. By 2012, just five years after its founding, the company reached KRW 100 billion in revenue. In 2013, Silicon Mitus expanded its product portfolio by successfully mass-producing PMICs for smartphone OLED panels and smartphone PMICs. This diversification into the mobile market drove further growth, with revenue reaching KRW 200 billion in 2017. In 2021, the company surpassed KRW 300 billion in revenue and achieved a cumulative IC shipment milestone of 5 billion units. Throughout its history, Silicon Mitus has been recognized for its technological excellence and rapid growth. Notable awards include the GSA Start-up to Watch Award in 2009 (first Korean company to receive it), the Best Revenue Growth Award from GSA in 2011, the Asia Tech Fast 500 in 2011 (ranked first in semiconductor growth rate), the KB Hidden Star 500, the DHL Hidden Champion in 2015, the Presidential Award at the Korea Technology Awards in 2016, the $200 Million Export Tower in 2016, the Gold Tower Order of Industrial Service Merit in 2017, the POSCO Cheongam Award in 2020, and several partner and supplier awards in 2021. The company has also received certifications including ISO 9001 for quality management, ISO 27001 for information security management, Sony Green Partner, and Samsung Eco-Partner Certificate. Silicon Mitus is headquartered in Seongnam, Gyeonggi-do, South Korea, and has a United States presence in Cupertino, California. The company is publicly listed on the KOSDAQ market of the Korea Exchange under the ticker 118000. It is widely regarded as South Korea's largest fabless semiconductor company outside of the major conglomerates. With over 200 analog experts, Silicon Mitus continues to invest in R&D and is expanding into automotive and IoT applications, serving customers across Asia, Europe, and the United States.

  • 2024

    Announced interim dividend record date of July 29, 2024.

  • 2023

    Chairman Heo Yeom received the 2023 Korea Electronics Grand Prize.

  • 2022

    Awarded $300 Million Export Tower.

  • 2021

    Reached KRW 300 billion in revenue and cumulative IC shipments of 5 billion units; received multiple partner and supplier awards.

  • 2020

    Received POSCO Cheongam Award (Technology Award).

  • 2017

    Reached KRW 200 billion in revenue; received Gold Tower Order of Industrial Service Merit.

  • 2016

    Received Presidential Award at Korea Technology Awards and $200 Million Export Tower.

  • 2015

    Selected as DHL Hidden Champion.

  • 2013

    Mass-produced PMICs for smartphone OLED panels and smartphone PMICs.

  • 2012

    Reached KRW 100 billion in revenue.

Products and positioning

South Korea's first and largest fabless PMIC specialist, providing high-performance analog and power management solutions to global smartphone, TV, notebook, and automotive manufacturers.

  • SM6751Q

    Automotive 2-channel TFT-LCD power supply.

  • SM4807C

    Automotive 2-channel TFT-LCD power supply.

  • SM5038

    Automotive 2-channel TFT-LCD power supply.

  • SM5603

    Automotive 2-channel TFT-LCD power supply.

Sources5 sources

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