Private Credit Under Pressure: Is a Slow-Motion Crisis Unfolding? 
Norma Group Posts Revenue Decline in 2025, Eyes Modest Recovery in 2026 
SoftwareONE Posts 22.5% Revenue Surge in 2025 on Crayon Acquisition 
Tesla Q1 2026 Deliveries Miss Estimates as AI Strategy Takes Center Stage 
TSMC Japan's Second Fab to Produce 3nm Chips by 2028 
Nike Beats Q3 Estimates but China Weakness and Margin Pressure Weigh on Outlook 
McDonald's and Restaurant Brands International Face Headwinds Amid Iran Conflict and Rising Costs 
Microsoft Eyes $7B Texas Energy Deal to Power AI Data Centers 
UAE's Largest Natural Gas Facility Suspended After Attack-Triggered Fire 
Ukrainian Drones and the #MadeByHousewives Movement: Kyiv Fires Back at Rheinmetall CEO 
Microsoft's $10 Billion Japan Investment: AI Infrastructure and Data Sovereignty Push 
Cathay Pacific Holds Firm on Flight Capacity Amid Middle East Conflict and Rising Fuel Costs 
Russell 1000 Companies Hit $2.2T Cash Record While Aggressively Reinvesting in Growth 
Jefferies Upgrades Sodexo to Buy With €55 Target After Historic CEO Appointment 
Europe's Aviation Sector on Track to Meet 2025 Green Fuel Mandate 
KPMG UK Cuts 440 Audit Jobs Amid Low Attrition and Cooling Professional Services Demand 
OpenAI Executive Shake-Up Ahead of Anticipated 2026 IPO 
SAN JOSE, Calif., Dec. 12, 2016 -- Monolithic Power Systems (MPS) (Nasdaq:MPWR), a leading company in high performance power solutions, announced today it has filed a lawsuit with the U.S. District Court for the District of Delaware against Intersil Corporation (Intersil) (Nasdaq:ISIL) asserting that Intersil has unlawfully misappropriated MPS’s confidential information and then used that information to fabricate a web of falsehoods about the circuit design and operation of MPS products. Intersil improperly conveyed those falsehoods—as well as MPS’s misappropriated confidential information—to MPS customers and potential customers in an effort to induce them to use Intersil products instead of MPS products.
In the complaint, MPS seeks unspecified damages and a court-ordered injunction to prevent Intersil from continuing this conduct. Through this lawsuit, MPS intends to vigorously protect its trade secrets as well as defend its reputation from baseless smears about the operation of its products.
MPS has retained the law firm of Perkins Coie LLP to represent it in this lawsuit.
About Monolithic Power Systems
Monolithic Power Systems, Inc. (MPS) provides small, highly energy efficient, easy-to-use power solutions for systems found in industrial applications, telecom infrastructures, cloud computing, automotive, and consumer applications. MPS' mission is to reduce total energy consumption in its customers' systems with green, practical, compact solutions. The company was founded by Michael R. Hsing in 1997 and is headquartered in San Jose, CA. MPS can be contacted through its website at www.monolithicpower.com or its support offices around the world.
Monolithic Power Systems, MPS, and the MPS logo are registered trademarks of Monolithic Power Systems, Inc. in the U.S. and trademarked in certain other countries.
Contact: Bernie Blegen Chief Financial Officer Monolithic Power Systems, Inc. 408-826-0777 [email protected]
