Mission Statement, Vision, & Core Values (2026) of StarPower Semiconductor Ltd.

Founded in 2005 and headquartered in Jiaxing, Zhejiang Province, StarPower Semiconductor Ltd. (ticker 603290 on the Shanghai Stock Exchange) has grown into a major power-device player offering IGBT, SiC, IPM, fast recovery diodes, MOSFET and module solutions across telecommunications, automotive and renewable-energy sectors, employing over 2,400 people as of 2024 (a 23.43% headcount increase year-on-year) while navigating a 2024 revenue of 3.39 billion CNY (down 7.44% from 3.66 billion CNY) and maintaining a market capitalization of 22.75 billion CNY as of December 15, 2025; guided by the mission to "create more value for customers, create a better life for mankind," the vision to "help shape the future of chip design," and the core value "quality achieves dream, innovation leads the future," StarPower backs its R&D-forward strategy with a reported $250 million investment in 2024 to push efficiency, performance and long-term customer value.

StarPower Semiconductor Ltd. (603290.SS) - Intro

• Founded: 2005 (Jiaxing, Zhejiang Province)
• Employees: >2,400 (2024), up 23.43% year-over-year
• Primary products: IGBT, SiC, IPM, fast recovery diodes, MOSFETs, power modules
• Key end markets: telecommunications, automotive, renewable energy, industrial electronics

• Focus on performance, reliability and manufacturability
• Support industry electrification (EVs, renewables, smart grid)
• Commitment to continuous R&D and process innovation

• Achieve leadership in SiC and IGBT technologies
• Expand global customer footprint while deepening strategic partnerships
• Scale manufacturing capacity to meet EV and renewable energy demand

• Innovation - sustained investment in R&D to push device performance and reliability
• Quality - rigorous manufacturing and testing standards to ensure long-term field performance
• Customer-Centricity - engineering collaboration and application-focused solutions
• Integrity - transparent governance and compliance with public company responsibilities
• Sustainability - enabling lower-carbon systems through efficient power electronics

• R&D intensity: maintain or grow R&D spend as a percentage of revenue to accelerate SiC and IPM roadmap (target: double-digit percentage of revenue in multi-year horizon)
• Capacity expansion: add wafer fab / assembly capacity to support projected demand from EV and renewable markets (target capacity increases tied to multi-year demand forecasts)
• Margin improvement: optimize product mix toward higher-value SiC and system-level modules to recover gross margins after near-term revenue pressure
• Market diversification: increase exports and partnerships to broaden revenue base beyond domestic channels

StarPower Semiconductor Ltd. (603290.SS) Overview

• Customer value focus: delivering high-quality power semiconductor products that enhance efficiency and performance in end applications (industrial drives, EV charging, renewable energy inverters, power supplies).
• Societal impact: designing products and processes with energy efficiency and safety in mind to contribute to improved living standards and reduced environmental impact.
• Long-term partnerships: emphasizing reliability, customization, and after-sales technical support to foster sustainable customer relationships.
• Innovation-driven growth: prioritizing R&D investment to maintain competitiveness in wide-bandgap devices, packaging, and system-level power solutions.

• Technology leadership: pursue advanced process nodes, packaging, and device topologies that reduce conduction and switching losses.
• Market expansion: grow share in electric vehicle infrastructure, industrial automation, renewable energy, and consumer power electronics.
• Sustainability: reduce manufacturing footprint and improve product lifecycle energy performance.

• Customer-centricity - prioritize measurable customer outcomes (efficiency, reliability, lifetime cost savings).
• Integrity - maintain transparent governance, compliance with standards, and ethical supply chain practices.
• Innovation - continuous investment in R&D, patenting, and collaboration with universities and ecosystem partners.
• Quality - adherence to rigorous quality control and certification regimes for power semiconductor reliability.
• Responsibility - commitment to environmental and social governance in operations and product impact.

• R&D allocation: focus on device physics, packaging thermal management, and systems integration to meet evolving application requirements.
• Production scalability: investments to increase output, yield improvement programs, and supply-chain resilience for critical substrates and packaging materials.
• Customer enablement: offering application engineering support, co-development agreements, and qualification programs for OEMs.

• Strategic investments and M&A activity are evaluated through the lens of mission alignment-acquiring capabilities that increase customer value and improve product impact on human life.
• Public disclosures, investor presentations, and technical whitepapers are used to demonstrate how R&D outcomes translate into customer benefits and address market trends (e.g., electrification, energy efficiency).
• ESG reporting emphasizes energy-efficiency gains from products and continual improvement in manufacturing sustainability metrics.

StarPower Semiconductor Ltd. (603290.SS) - Mission Statement

• Mission: Deliver world-class power semiconductor solutions that maximize device efficiency, reduce system energy consumption, and accelerate customer time-to-market through integrated design, manufacturing, and application support.
• Strategic focus areas:
  • High-efficiency power MOSFETs, IGBTs, and SiC/GaN device roadmaps
  • System-level reference designs and application-specific IP
  • Co-innovation partnerships with OEMs in EV, renewable energy, and datacenter markets
• R&D emphasis: The company reported an R&D allocation of $250 million in 2024 to accelerate next-generation chip architectures and process scaling.

How the Vision Drives Strategy

• Investment allocation: Prioritize R&D (core device physics, SiC/GaN, AI-assisted design) and targeted capex to maintain technology leadership.
• Product roadmaps: Shorten design cycles via modular reference platforms that scale from consumer power supplies to EV inverters.
• Customer impact metrics: Target 10-20% system-level efficiency gains for key OEM platforms within 24 months of deployment.

Core Values

• Innovation - continuous technical advancement with measurable performance improvements.
• Customer-centricity - design-to-deployment collaboration to optimize real-world system outcomes.
• Integrity - transparent reporting, IP protection, and supply-chain responsibility.
• Sustainability - reduce lifecycle energy consumption through higher-efficiency devices and greener manufacturing.
• Excellence - rigorous quality control and yield-driven manufacturing practices.

KPIs Aligned to Mission & Vision

Capital Allocation & Growth Priorities

• R&D-first: Maintain >10% revenue reinvestment in R&D for the next 3 years to secure leadership in SiC/GaN and packaging.
• Selective capacity expansion: CapEx focused on smart fabs delivering improved yield and automation.
• Strategic partnerships: Co-development deals with OEMs and fabs to accelerate qualification cycles and volume ramp.

Investor & Market Signaling

• R&D $250M commitment in 2024 signals long-term tech leadership intent.
• Targeted margin expansion (gross margin ~40% medium-term) driven by differentiated product mix and yield improvements.
• Free cash flow generation intended to fund both organic innovation and selective M&A to fill strategic gaps.

StarPower Semiconductor Ltd. (603290.SS) - Vision Statement

• Quality-first approach: rigorous process control and testing to ensure device reliability and long-term performance in power electronics applications.
• Innovation-driven roadmap: continuous investment in new materials, device architectures, and packaging to improve switching performance, thermal management, and cost-efficiency.
• Customer-centric engineering: co-development with OEMs and tier-1 suppliers to tailor solutions for EV traction, PV inverters, datacenter power, and industrial drives.
• Sustainability orientation: reducing device losses and enhancing system-level energy efficiency to support low-carbon transitions.

• Allocating a sizable portion of operating budget to R&D and pilot production to shorten time-to-market for new process nodes and SiC/advanced packaging solutions.
• Scaling quality systems (DFM, APQP, FMEA, SPC) to reduce field failures and strengthen long-term customer contracts in automotive and energy markets.
• Expanding manufacturing capacity and automation to maintain unit cost competitiveness while ensuring traceability and yield improvements.
• Pursuing partnerships with material suppliers, universities, and equipment vendors to accelerate technology adoption and IP creation.

• R&D intensity (R&D / revenue)
• Design wins and backlog in automotive/renewables
• Gross margin trend and product mix (Si vs. SiC or modules)
• Yield rate improvements and DPPM reductions
• Patent count and technology licensing activity