DIOD on Nasdaq
Diodes Incorporated
American semiconductor manufacturer
Diodes Incorporated is a global manufacturer and supplier of application specific standard products within the analog, discrete, power, logic, and mixed-signal semiconductor markets. Diodes serves the consumer electronics, computing, communications, industrial, and automotive markets.3 Wikipedia text CC BY-SA 4.0
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Last updated Oct 21, 2026.
Overview
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- TickerDIOD on Nasdaq1
- IndustrySemiconductor industry in the US1
- HeadquartersPlano1
- Websitewww.diodes.com
- Legal formDelaware corporation1
- Incorporated inDE5
- Business address4949 Hedgcoxe Road, Suite 200, Plano, Tx 750245
- Filer categoryLarge accelerated filer5
- LEI549300XP2X1ARVH3BX234
- StatusActive4
- LEI statusIssued and current4
- Registered addressC/O THE CORPORATION TRUST COMPANY, 19801 Wilmington, United States4
- Registered withDivision of Corporations, Department of State, 6835144
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Diodes Incorporated is a global manufacturer and supplier of application specific standard products within the analog, discrete, power, logic, and mixed-signal semiconductor markets. Diodes serves the consumer electronics, computing, communications, industrial, and automotive markets.3
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Customer One brought in 54% of the revenue Diodes Incorporated broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Customer One | $201.6M | $167.2M | $182.3M |
| Customer Two | $183.6M | $0 | $157.7M |
Regions
Asia brought in 69% of the revenue Diodes Incorporated broke down this way in fiscal 2025.
Regions by year
| Regions | 2023 | 2024 | 2025 |
|---|---|---|---|
| Asia | $1.6B | $1.4B | $1.6B |
| Americas | $539.9M | $364.3M | $478.4M |
| Europe | $378.4M | $271.1M | $255.8M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue68¢$1.0B
- Research and development11¢$162.2M
- Selling, general and admin16¢$241.6M
- Income tax1¢$14.8M
- Profit4¢$66.1M
Out of $1.5B in revenue.8
Where each dollar of operating cash went, fiscal 2025
- Capital spending36¢$78.4M
- Share buybacks16¢$33.8M
- Kept or used elsewhere48¢$103.3M
Out of $215.5M of cash from operations.8
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.8
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net sales | $1.5B | $1.3B | $1.7B |
| Cost of goods sold | $1.0B | $875.3M | $1.0B |
| Gross profit | $462.4M | $435.9M | $658.2M |
| Selling, general and administrative | $241.6M | $233.9M | $257.9M |
| Research and development | $162.2M | $134.1M | $134.9M |
| Amortization of acquisition related intangible assets | $22.2M | $16.5M | $15.3M |
| Loss (gain) on disposal of fixed assets | $572.0K | -$7.6M | -$2.0M |
| Restructuring charge | $394.0K | $8.6M | $1.6M |
| Other operating income | $0 | -$1.0K | -$16.0K |
| Total operating expense | $427.0M | $385.4M | $407.6M |
| Income from operations | $35.5M | $50.5M | $250.6M |
| Interest income | $28.3M | $18.3M | $13.3M |
| Interest expense | -$2.8M | -$2.3M | -$5.7M |
| Foreign currency loss, net | -$12.8M | -$6.3M | -$5.3M |
| Unrealized gain (loss) on investments | $28.6M | -$321.0K | $18.3M |
| Impairment of equity investment | -$5.8M | $0 | $0 |
| Gain on disposal of subsidiary | $13.7M | $0 | $0 |
| Other (expense) income | -$687.0K | $2.9M | $6.7M |
| Total other (expense) income | $48.5M | $12.2M | $27.4M |
| Income before income taxes and noncontrolling interest | $84.0M | $62.7M | $277.9M |
| Income tax provision | $14.8M | $11.8M | $47.3M |
| Net income | $69.2M | $50.8M | $230.6M |
| Less: net income attributable to noncontrolling interest | -$3.0M | -$6.8M | -$3.5M |
| Net income attributable to common stockholders | $66.1M | $44.0M | $227.2M |
| Basic | $1.43 | $0.95 | $4.96 |
| Diluted | $1.43 | $0.95 | $4.91 |
| Basic | 46.3M shares | 46.2M shares | 45.8M shares |
| Diluted | 46.4M shares | 46.4M shares | 46.3M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 5 fiscal years (annual) or 5 quarters (quarterly), latest first.8
| Period ending | 2025-12-31 | 2025-05-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|---|
| Cash and cash equivalents | $367.2M | $308.7M | |||
| Restricted cash | $5.1M | $6.1M | |||
| Short-term investments | $9.8M | $7.5M | |||
| Accounts receivable, net of allowances of $4,095 and $7,799 at December 31, 2025 and December 31, 2024, respectively | $307.1M | $325.5M | |||
| Inventories | $471.5M | $474.9M | |||
| Prepaid expenses and other | $96.2M | $101.5M | |||
| Total current assets | $1.3B | $1.2B | |||
| Property, plant, and equipment, net | $649.6M | $684.3M | $746.2M | ||
| Deferred income tax | $59.3M | $52.0M | |||
| Goodwill | $183.4M | $181.6M | $146.6M | ||
| Intangible assets, net | $45.5M | $67.4M | |||
| Other long-term assets | $253.3M | $176.9M | |||
| Total assets | $2.4B | $2.4B | $2.4B | ||
| Lines of credit | $30.3M | $31.4M | |||
| Accounts payable | $149.4M | $133.8M | |||
| Accrued liabilities and other | $180.9M | $186.6M | |||
| Income tax payable | $16.3M | $22.7M | |||
| Current portion of long-term debt | $1.4M | $1.1M | |||
| Total current liabilities | $378.3M | $375.6M | |||
| Long-term debt, net of current portion | $24.2M | $19.6M | |||
| Deferred tax liabilities | $6.1M | $7.0M | |||
| Unrecognized tax benefits | $23.5M | $24.6M | |||
| Other long-term liabilities | $77.5M | $90.6M | |||
| Total liabilities | $509.7M | $517.3M | |||
| Preferred stock - par value $1.00 per share; 1,000,000 shares authorized; no shares issued or outstanding | $0 | $0 | |||
| Common stock - par value $0.66 2/3 per share; 70,000,000 shares authorized; and 45,875,799 shares and 46,332,891 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively | $37.3M | $37.1M | |||
| Additional paid-in capital | $538.1M | $523.7M | |||
| Retained earnings | $1.8B | $1.7B | |||
| Treasury stock, at cost, 10,008,905 shares and 9,288,420 shares at December 31, 2025 and December 31, 2024, respectively | -$371.9M | -$338.1M | |||
| Accumulated other comprehensive loss | -$110.7M | -$146.7M | -$143.2M | ||
| Total stockholders' equity | $1.9B | $1.8B | |||
| Noncontrolling interest | $60.3M | $73.6M | |||
| Total equity | $1.9B | $1.9B | $1.8B | $1.6B | |
| Total liabilities and stockholders' equity | $2.4B | $2.4B | |||
| Accounts receivable, allowance | $4.1M | $7.8M | |||
| Preferred stock par value | $1.00 | $1.00 | |||
| Preferred stock shares authorized | 1.0M shares | 1.0M shares | |||
| Preferred stock shares issued | 0 shares | 0 shares | |||
| Preferred stock shares outstanding | 0 shares | 0 shares | |||
| Common stock par value | $0.66 | $0.66 | $0.66 | ||
| Common stock shares authorized | 70.0M shares | 70.0M shares | |||
| Common stock shares issued | 45.9M shares | 46.3M shares | |||
| Common stock shares outstanding | 45.9M shares | 46.3M shares | |||
| Treasury stock, shares | 10.0M shares | 9.3M shares |
| Period ending | 2025-12-31 | 2025-05-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|---|
| Cash and cash equivalents | $367.2M | $308.7M | |||
| Restricted cash | $5.1M | $6.1M | |||
| Short-term investments | $9.8M | $7.5M | |||
| Accounts receivable, net of allowances of $4,095 and $7,799 at December 31, 2025 and December 31, 2024, respectively | $307.1M | $325.5M | |||
| Inventories | $471.5M | $474.9M | |||
| Prepaid expenses and other | $96.2M | $101.5M | |||
| Total current assets | $1.3B | $1.2B | |||
| Property, plant, and equipment, net | $649.6M | $684.3M | $746.2M | ||
| Deferred income tax | $59.3M | $52.0M | |||
| Goodwill | $183.4M | $181.6M | $146.6M | ||
| Intangible assets, net | $45.5M | $67.4M | |||
| Other long-term assets | $253.3M | $176.9M | |||
| Total assets | $2.4B | $2.4B | $2.4B | ||
| Lines of credit | $30.3M | $31.4M | |||
| Accounts payable | $149.4M | $133.8M | |||
| Accrued liabilities and other | $180.9M | $186.6M | |||
| Income tax payable | $16.3M | $22.7M | |||
| Current portion of long-term debt | $1.4M | $1.1M | |||
| Total current liabilities | $378.3M | $375.6M | |||
| Long-term debt, net of current portion | $24.2M | $19.6M | |||
| Deferred tax liabilities | $6.1M | $7.0M | |||
| Unrecognized tax benefits | $23.5M | $24.6M | |||
| Other long-term liabilities | $77.5M | $90.6M | |||
| Total liabilities | $509.7M | $517.3M | |||
| Preferred stock - par value $1.00 per share; 1,000,000 shares authorized; no shares issued or outstanding | $0 | $0 | |||
| Common stock - par value $0.66 2/3 per share; 70,000,000 shares authorized; and 45,875,799 shares and 46,332,891 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively | $37.3M | $37.1M | |||
| Additional paid-in capital | $538.1M | $523.7M | |||
| Retained earnings | $1.8B | $1.7B | |||
| Treasury stock, at cost, 10,008,905 shares and 9,288,420 shares at December 31, 2025 and December 31, 2024, respectively | -$371.9M | -$338.1M | |||
| Accumulated other comprehensive loss | -$110.7M | -$146.7M | -$143.2M | ||
| Total stockholders' equity | $1.9B | $1.8B | |||
| Noncontrolling interest | $60.3M | $73.6M | |||
| Total equity | $1.9B | $1.9B | $1.8B | $1.6B | |
| Total liabilities and stockholders' equity | $2.4B | $2.4B | |||
| Accounts receivable, allowance | $4.1M | $7.8M | |||
| Preferred stock par value | $1.00 | $1.00 | |||
| Preferred stock shares authorized | 1.0M shares | 1.0M shares | |||
| Preferred stock shares issued | 0 shares | 0 shares | |||
| Preferred stock shares outstanding | 0 shares | 0 shares | |||
| Common stock par value | $0.66 | $0.66 | $0.66 | ||
| Common stock shares authorized | 70.0M shares | 70.0M shares | |||
| Common stock shares issued | 45.9M shares | 46.3M shares | |||
| Common stock shares outstanding | 45.9M shares | 46.3M shares | |||
| Treasury stock, shares | 10.0M shares | 9.3M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.8
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income | $69.2M | $50.8M | $230.6M |
| Depreciation | $121.5M | $120.6M | $122.0M |
| Amortization of intangible assets | $22.2M | $16.5M | $15.3M |
| Amortization of debt-issuance costs | $301.0K | $302.0K | $1.1M |
| Share-based compensation expense | $25.7M | $22.8M | $30.9M |
| Deferred income taxes | -$7.5M | -$1.0M | -$13.3M |
| Investment (gain) loss | -$25.9M | $267.0K | -$19.4M |
| Gain on sale of subsidiary | -$13.7M | $0 | $0 |
| Impairment of long-lived assets | $5.8M | $0 | $0 |
| Gain on disposal of fixed assets | $572.0K | -$7.6M | -$2.0M |
| Interest income from derivative financial instruments | -$20.0M | -$10.4M | -$4.3M |
| Other | $796.0K | -$2.3M | -$2.4M |
| Change in accounts receivable | $22.7M | $47.3M | -$2.6M |
| Change in inventory | $9.1M | -$87.5M | -$28.9M |
| Change in other operating assets | $12.4M | $3.5M | -$18.0M |
| Change in accounts payable | $13.8M | -$23.4M | -$2.2M |
| Change in accrued liabilities | -$13.7M | -$3.1M | -$17.7M |
| Change in income tax (refundable) payable | -$7.5M | $12.4M | -$9.3M |
| Change in unrealized tax benefit liability | -$1.4M | -$15.3M | $2.9M |
| Change in other operating liabilities | $1.1M | -$4.3M | -$1.8M |
| Net cash and cash equivalents from operating activities | $215.5M | $119.4M | $280.9M |
| Acquisitions, net of cash received | -$5.3M | -$56.7M | -$3.0K |
| Purchases of property, plant and equipment | -$78.4M | -$73.0M | -$150.8M |
| Proceeds from sale of property, plant and equipment | $7.0M | $816.0K | $2.8M |
| Proceeds from short-term investments | $7.6M | $16.4M | $6.2M |
| Purchases of short-term investments | -$9.7M | -$14.0M | -$9.3M |
| Purchases of equity securities | -$49.3M | $0 | -$17.9M |
| Proceeds from sale of subsidiary | $16.0M | $0 | $0 |
| Receipt of government grants | $585.0K | $8.7M | $471.0K |
| Receipt of insurance recovery | $0 | $4.7M | $1.4M |
| Proceeds from disposal of wafer fabrication facility | $0 | $0 | $6.3M |
| Net amounts (paid) received for hedge termination | -$4.0M | $0 | $374.0K |
| Other | -$646.0K | -$4.9M | $2.2M |
| Net cash and cash equivalents from investing activities | -$116.2M | -$118.0M | -$158.3M |
| Advances on lines of credit and short-term debt | $59.1M | $90.8M | $29.0M |
| Repayments of lines of credit and short-term debt | -$61.9M | -$98.4M | -$24.5M |
| Proceeds from long-term debt | $11.7M | $6.4M | $25.2M |
| Repayments of long-term debt | -$7.7M | -$6.5M | -$154.0M |
| Debt issuance costs | $0 | -$188.0K | -$948.0K |
| Repayment of and proceeds from finance lease obligation | -$85.0K | -$64.0K | -$115.0K |
| Taxes paid related to net share settlement | -$4.3M | -$9.6M | -$15.6M |
| Net changes in noncontrolling interests | -$18.1M | -$2.1M | -$3.6M |
| Repurchases of common stock | -$33.8M | $0 | $0 |
| Other | $363.0K | $155.0K | -$88.0K |
| Net cash and cash equivalents from financing activities | -$54.8M | -$19.3M | -$144.7M |
| Effect of exchange rate changes on cash and cash equivalents | $13.1M | $14.2M | -$485.0K |
| Change in cash and cash equivalents, including restricted cash | $57.6M | -$3.8M | -$22.6M |
| Interest paid during the period | $1.7M | $2.0M | $4.6M |
| Taxes paid during the period | $24.2M | $21.5M | $97.7M |
| Accounts payable balance related to the purchase of property, plant and equipment | $15.8M | $13.1M | $14.6M |
| Dividend payable balance to noncontrolling interests | $0 | $0 | $100.0K |
No quarter-by-quarter statement was filed.
Corporate structure
Diodes Incorporated sits at the top of its group. 57 entities, 14 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Diodes Incorporated
- State Street Corporation Filed SCHEDULE 13G on Diodes Incorporated, latest Aug 7, 2026 (3 filings since Nov 10, 2025)
- FMR LLC Filed SCHEDULE 13G/A on Diodes Incorporated, latest Aug 6, 2026 (5 filings since Jul 10, 2024)
- DIMENSIONAL FUND ADVISORS LP Filed SCHEDULE 13G/A on Diodes Incorporated, latest Jul 14, 2026 (3 filings since Feb 8, 2022)
- VANGUARD CAPITAL MANAGEMENT LLC Filed SCHEDULE 13G on Diodes Incorporated, latest Apr 29, 2026
- VANGUARD PORTFOLIO MANAGEMENT LLC Filed SCHEDULE 13G on Diodes Incorporated, latest Apr 29, 2026
- VANGUARD GROUP INC Filed SCHEDULE 13G/A on Diodes Incorporated, latest Mar 26, 2026 (4 filings since Feb 9, 2022)
- BlackRock Filed SCHEDULE 13G/A on Diodes Incorporated, latest Jul 17, 2025 (6 filings since Jan 25, 2022)
- EARNEST PARTNERS LLC Filed SC 13G/A on Diodes Incorporated, latest Sep 10, 2024 (4 filings since Feb 14, 2023)
- Diodes Incorporated Plano, Texas, United States
- BCD Shanghai Micro-Electronics Company Limited Subsidiary · China
- Canyon Semiconductor Inc. Subsidiary · Taiwan
- Chengdu BCD Technology Limited Co. Subsidiary · China
- Diodes (China) Subsidiary · China
- Diodes (Shanghai) Investment Co., Ltd.. Subsidiary · China
- Diodes Electronics (Shenzhen) Company Limited Subsidiary · China
- Diodes Fortemedia Technology Co., Ltd. Subsidiary · Cayman Islands
- Diodes Holdings UK Limited Subsidiary · United Kingdom
- Diodes Hong Kong Limited Subsidiary · Hong Kong
- Diodes Investments Taiwan Co., Ltd Subsidiary · Taiwan
- Diodes Japan K.K. Subsidiary · Japan
- Diodes Kaihong (Shanghai) Company Limited Subsidiary · China
- Diodes Semiconductors GB Limited Subsidiary · United Kingdom
- Diodes Shanghai Co., Ltd Subsidiary · China
- Diodes Singapore Pte. Ltd. Subsidiary · Singapore
- Diodes Slovakia s.r.o. Subsidiary · Slovakia
- Diodes Taiwan S.a r.l., Hsinchu Branch Subsidiary · Taiwan
- Diodes Taiwan S.a r.l., Taiwan Branch (Luxembourg) Subsidiary · Taiwan
- Diodes Technology (Chengdu) Company Limited Subsidiary · China
- DIODES ZETEX LIMITED Subsidiary · Oldham, United Kingdom
- Diodes Zetex Neuhaus GmbH Subsidiary · Germany
- Diodes Zetex Semiconductors Limited Subsidiary · United Kingdom
- DiodSent Green Technology (Hong Kong) Limited… Subsidiary · Hong Kong
- DiodSent Green Technology (Wuxi) Co., Ltd… Subsidiary · China
- DiodSent Green Technology Co., Ltd Subsidiary · Taiwan
- and 31 more
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Diodes Incorporated reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Land | $73.5M8 Dec 31, 2025 | $72.1M8 Dec 31, 2024 | +1.8% |
| Buildings and improvements | $366.7M8 Dec 31, 2025 | $352.7M8 Dec 31, 2024 | +4.0% |
| Machinery and equipment | $1.3B8 Dec 31, 2025 | $1.3B8 Dec 31, 2024 | +5.8% |
| Construction in progress | $84.5M8 Dec 31, 2025 | $91.7M8 Dec 31, 2024 | −7.9% |
| Property and equipment, before depreciation | $1.7B8 Dec 31, 2025 | $1.6B8 Dec 31, 2024 | +5.4% |
| Accumulated depreciation | $1.2B8 Dec 31, 2025 | $1.1B8 Dec 31, 2024 | +10.5% |
| Property and equipment, net | $649.6M8 Dec 31, 2025 | $684.3M8 Dec 31, 2024 | −5.1% |
| Finance-lease assets | $124.0K8 Dec 31, 2025 | $102.0K8 Dec 31, 2024 | +21.6% |
| Operating-lease assets (leased space) | $52.0M8 Dec 31, 2025 | $53.7M8 Dec 31, 2024 | −3.2% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $367.2M8 Dec 31, 2025 | $308.7M8 Dec 31, 2024 | +19.0% |
| Marketable securities, current | $9.8M8 Dec 31, 2025 | $7.5M8 Dec 31, 2024 | +31.5% |
| Stakes in other companies (equity method) | $156.3M8 Dec 31, 2025 | $86.5M8 Dec 31, 2024 | +80.7% |
| Long-term investments | $20.6M8 Dec 31, 2025 | $23.9M8 Dec 31, 2024 | −14.0% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $183.4M8 Dec 31, 2025 | $181.6M8 Dec 31, 2024 | +1.0% |
| Intangible assets, net (excluding goodwill) | $45.5M8 Dec 31, 2025 | $67.4M8 Dec 31, 2024 | −32.6% |
| Indefinite-lived intangibles (excluding goodwill) | $9.4M8 Dec 31, 2025 | $9.2M8 Dec 31, 2024 | +1.6% |
| Finite-lived intangibles, gross | $271.0M8 Dec 31, 2025 | $271.0M8 Dec 31, 2024 | 0% |
| Accumulated amortization | $226.5M8 Dec 31, 2025 | $204.3M8 Dec 31, 2024 | +10.9% |
| Finite-lived intangibles, net | $36.1M8 Dec 31, 2025 | $58.2M8 Dec 31, 2024 | −38.0% |
Inventory
| Item | Latest | A year before | Change |
|---|---|---|---|
| Inventory, total | $471.5M8 Dec 31, 2025 | $474.9M8 Dec 31, 2024 | −0.7% |
| Raw materials | $209.0M8 Dec 31, 2025 | $191.1M8 Dec 31, 2024 | +9.4% |
| Work in process | $91.1M8 Dec 31, 2025 | $80.2M8 Dec 31, 2024 | +13.6% |
| Finished goods | $171.4M8 Dec 31, 2025 | $203.7M8 Dec 31, 2024 | −15.9% |
Properties, in its own words
Our corporate headquarters are located in Plano, Texas. As of December 31, 2025, we own approximately 3.9 million square feet of property and lease approximately 4.8 million square feet of property, with leases expiring at various times between 2026 and 2029 and with land rights expiring in 2061. We also own and lease properties around the world for use as sales offices, design centers, research and development labs, warehouses, logistic centers, and manufacturing support. The size and/or location of these properties change from time to time based on business requirements. The table below sets forth the largest of the properties either owned or leased by the Company.
We believe our current facilities are adequate for the foreseeable future.
The rest of Item 2
Primary use · Location · Sq. Ft.
Headquarters/R&D center · USA - Plano, Texas · 41,835
Regional sales office/Administrative office/R&D center/apartment · USA - Milpitas, California · 86,321
Manufacturing facility/office/chemical warehouse/wellness building · USA - South Portland, Maine · 323,462
Manufacturing facilities/Administrative office/R&D center/Logistics · China - Chengdu · 267,331
Regional sales office · China - Hong Kong · 9,113
Manufacturing facility/R&D center/Logistics/Manufacturing facility/Sales/Administrative office · China - Shanghai · 1,649,179
Regional sales office/RD Center/Administrative Office/Manufacturing facility · China - Shenzhen · 12,973
Manufacturing facility · China - Wuxi · 581,437
Regional Sales Office · China-Xiamen · 1,507
R&D center · China - Yangzhou · 6,085
Regional sales office/R&D Center · China - Beijing · 2,925
Regional sales office · China - Hubei, WuHan · 1,265
Regional Sales Office · China - ShanDong, QingDao · 1,469
R&D Center/Administrative Office · China - Nanjing · 11,155
Administrative office/Logistics/Manufacturing/R&D center · England - Oldham · 156,076
Sales office · Germany - Munich · 6,297
Manufacturing facility/R&D center · Germany - Neuhaus · 52,508
Regional Sales Office · Germany - Eltvile · 700
Regional Sales Office · Japan - Milnato-ku · 8,011
Regional sales office/RD Center/Administrative Office/Manufacturing facility · Korea - Seongnam-si · 8,863
Manufacturing facility/R&D center/Logistics/Administrative office · Scotland - Greenock · 1,001,873
Regional sales office/RD Center/Administrative Office · Singapore City - Singapore · 1,755
Manufacturing facility/R&D center/Logistics/Administrative office · Taiwan - Hsinbei · 59,395
Manufacturing facility/R&D center/Production/Administrative office · Taiwan - Hsinchu · 394,946
R&D center/Regional Sales Office/Administrative Office/Manufacturing Office/Production · Taiwan - Tainan · 9,572
Regional sales office/Administrative office/Logistics/R&D/Manufacturing · Taiwan - Taipei · 15,483
Regional sales office/Administrative office/Logistics · Taiwan - Taoyuan · 78,781
RD Center · Slovakia - Bratislava · 2,917
Item 2 of the 10-K filed Feb 10, 2026.16
Leadership
Who has led Diodes Incorporated, and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
- Chief executive officerGary Yu May 15, 2025 to now17
- Chief executive officerKeh Shew Lu Jul 28, 2005 to May 15, 202518
- Chief executive officerC. H. Chen Aug 5, 2003 to May 16, 200519
- PresidentGary Yu Feb 5, 2024 to Jul 2, 202420
- PresidentJin Zhao Jul 2, 2024 to now21
- PresidentAndy Tsong Feb 22, 2023 to Feb 2, 202422
- PresidentSteven Ho May 23, 2008 to Jun 4, 200823
- PresidentKeh Shew Lu Jul 28, 2005 to May 31, 202318
- PresidentC. H. Chen Aug 5, 2003 to May 16, 200519
- Chief financial officerBrett R. Whitmire Feb 26, 2019 to now24
- Chief financial officerCarl C. Wertz Aug 5, 2003 to Jun 1, 200925
- Chief operating officerGary Yu May 17, 2023 to Aug 31, 202326
Board members and other officers (36)
- SVP Worldwide Analog ProductsAndy Tsong Apr 2, 2024 to now27
- SVP, Business GroupsGary Yu Mar 3, 2021 to Feb 28, 202328
- VP, Worldwide Analog ProductsJin Zhao Mar 3, 2021 to Feb 27, 202429
- VP Worldwide Sales/MarketingEmily Yang Jan 10, 2018 to now30
- VP Worldwide Analog ProductsEvan Yu Jan 10, 2018 to Nov 15, 202231
- VP, Analog Bus. Group/PericomAlex Chi Ming Hui Dec 4, 2015 to Mar 22, 201632
- Vice PresidentChieh Chang Mar 11, 2013 to Jul 7, 201433
- Vice PresidentClemente Beltran Dec 9, 2011 to Feb 25, 201934
- VP Finance/Investor RelationsCarl C. Wertz Jun 2, 2009 to Jun 11, 201035
- VP WW Analog ProductsJulie Holland Jun 3, 2008 to Feb 28, 202336
- VP Packaging OperationsTung Cheo Lee Jun 3, 2008 to Jun 1, 200937
- European President/VP EU SlsColin Greene Jun 23, 2008 to Aug 22, 201338
- SVP Business DevelopmentHans Rohrer Jul 30, 2008 to Jul 30, 200839
- VP, Product DevelopmentFrancis Tang May 19, 2006 to now40
- VP of Corporate AdministrationShiao Kwang Edmund Tang Sep 6, 2006 to Oct 10, 201741
- V.P., Asia SalesSteven Ho Aug 29, 2005 to Nov 29, 200742
- Sr. Vice President, OperationsJoseph Liu Aug 5, 2003 to Jul 6, 201543
- Vice President, Sales & MktgMark A. King Aug 5, 2003 to Dec 6, 201744
- Board memberPhilip J. Ritter May 13, 2026 to now45
- Board memberEvan Yu Aug 13, 2026 to now46
- Board memberHuey-Jen Jenny Su Feb 5, 2025 to now47
- Board memberGary Yu Feb 5, 2024 to now20
- Board memberRobert E. Feiger May 30, 2024 to now48
- Board memberElizabeth Bull Jun 5, 2023 to now49
- Board memberButton Angie Chen Apr 5, 2021 to now50
- Board memberWarren Chen May 26, 2020 to now51
- Board memberPeter M. Menard May 23, 2018 to Jun 5, 202352
- Board memberWen-Chi Sung May 25, 2017 to Jun 3, 202453
- Board memberMichael Kuo-Chih Tsai May 26, 2010 to May 31, 202254
- Board memberLu-Pao Hsu Jun 4, 2007 to May 27, 201655
- Board memberC. H. Chen Aug 5, 2003 to Nov 22, 202119
- Board memberJohn M. Stich Aug 5, 2003 to May 18, 201756
- Board memberKeh Shew Lu Aug 5, 2003 to now57
- Board memberM. K. Lu Aug 5, 2003 to May 24, 200658
- Board memberRaymond Soong Aug 5, 2003 to May 21, 201959
- Board memberShing Mao Aug 5, 2003 to Mar 3, 201060
Subsidiaries and ownership
Subsidiaries
- DIODES INCORPORATED
- Diodes (China)
Subsidiaries (Exhibit 21)
- BCD Shanghai Micro-Electronics Company Limited China6
- Canyon Semiconductor Inc. Taiwan6
- Chengdu BCD Technology Limited Co. China6
- DiodSent Green Technology (Hong Kong) Limited… Hong Kong6
- DiodSent Green Technology (Wuxi) Co., Ltd… China6
- DiodSent Green Technology Co., Ltd Taiwan6
- Diodes (Shanghai) Investment Co., Ltd.. China6
- Diodes Electronics (Shenzhen) Company Limited China6
- Diodes Fortemedia Technology Co., Ltd. Cayman Islands6
- Diodes Holdings UK Limited United Kingdom6
- Diodes Hong Kong Limited Hong Kong6
- Diodes Investments Taiwan Co., Ltd Taiwan6
- Diodes Japan K.K. Japan6
- Diodes Kaihong (Shanghai) Company Limited China6
- Diodes Semiconductors GB Limited United Kingdom6
- Diodes Shanghai Co., Ltd China6
- Diodes Singapore Pte. Ltd. Singapore6
- Diodes Slovakia s.r.o. Slovakia6
- Diodes Taiwan S.a r.l., Hsinchu Branch Taiwan6
- Diodes Taiwan S.a r.l., Taiwan Branch (Luxembourg) Taiwan6
- Diodes Technology (Chengdu) Company Limited China6
- Diodes Zetex GmbH Germany6
- Diodes Zetex Limited United Kingdom6
- Diodes Zetex Neuhaus GmbH Germany6
All 56 listed subsidiaries
- Diodes Zetex Semiconductors Limited United Kingdom6
- Dyna International Co., Ltd. Luxembourg6
- Dyna International Holding Co., Ltd. Luxembourg6
- Eris Technology Corporation Taiwan6
- Erishin Semiconductor Corporation……………………. Taiwan6
- Fortemedia (Nanjing) Co. Ltd. China6
- Fortemedia (Nanjing) Co. Ltd. Beijing Branch China6
- Fortemedia (Nanjing) Co. Ltd. Shanghai Branch China6
- Fortemedia (Nanjing) Co. Ltd. Shenzhen Branch China6
- Fortemedia Holding Company, Ltd. British Virgin Islands6
- Fortemedia International Ltd. Cayman Islands6
- Fortemedia Singapore Pte Ltd. Singapore6
- Harvest Joy Holdings Limited…………………………... Samoa6
- Jie Cheng Electronics Trading Limited…………………. China6
- Keep High Limited Seychelles6
- Lite-On Microelectronics (Wuxi) Co., Ltd. China6
- Lite-On Semiconductor (Wuxi) Co., Ltd. China6
- Lite-On Semiconductor HK Limited Hong Kong6
- My-Semi Inc. Taiwan6
- My-optoelectronics (ShenZhen) Co., Ltd………………. China6
- PSE Technology (Shandong) Corporation China6
- PSE Technology Corporation Taiwan6
- Pericom Technology (Shanghai) Company Limited China6
- Pericom Technology (Yangzhou) Corporation China6
- Savitech Corp. Taiwan6
- SeCoS Corporation Taiwan6
- Shanghai Kaihong Electronic Company Limited. China6
- Shanghai Seefull Electronic Co., Ltd. China6
- Shenzhen Savitech Inc…………………………………... China6
- TF Semiconductor Solutions, Inc Delaware6
- WBG Power Systems (Cayman) Co., Ltd. Cayman Islands6
- Yea Shin Technology Co., Ltd. Taiwan6
From Wikidata.1 The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Timeline
- Oct 15, 20268-K Regulation FD disclosure61
- Aug 27, 20268-K Other events62
- Aug 18, 20268-K Entered a material agreement; New debt or obligation; Unregistered sale of shares63
- Aug 12, 20268-K Results of operations; Regulation FD disclosure64
- Aug 5, 20268-K Results of operations; Regulation FD disclosure65
- Jul 28, 20268-K Executive or director change; Regulation FD disclosure66
- Jul 15, 20268-K Regulation FD disclosure67
- Jul 14, 20268-K Entered a material agreement; Regulation FD disclosure68
- May 12, 20268-K Executive or director change; Shareholder vote; Regulation FD disclosure69
- May 12, 20268-K Results of operations; Regulation FD disclosure70
- May 7, 20268-K Results of operations; Regulation FD disclosure; Other events71
- Apr 16, 20268-K Regulation FD disclosure72
- May 15, 2025New chief executive Gary Yu becomes CEO17
- Jul 28, 2005New chief executive Keh Shew Lu becomes CEO18
- Aug 5, 2003New chief executive C. H. Chen becomes CEO19
- 1959Founded Founded1
Calendar
Coming up
- Nov 5, 2026 · After the closeReports results for the quarter ending Sep/2026 A year earlier it reported $0.37 a share, on Nov 6, 2025.73
When it reported results
- Aug 12, 2026Reported quarterly or annual results64
- Aug 5, 2026Reported quarterly or annual results65
- May 12, 2026Reported quarterly or annual results70
- May 7, 2026Reported quarterly or annual results71
- Feb 12, 2026Reported quarterly or annual results74
- Feb 10, 2026Reported quarterly or annual results75
- Nov 6, 2025Reported quarterly or annual results76
- Aug 11, 2025Reported quarterly or annual results77
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
477 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 93 major events, 247 insider forms, 27 large holders, 90 other. The latest 20:
- Oct 15, 20268-K EDGAR
- Aug 27, 20268-K EDGAR
- Aug 18, 20268-K EDGAR
- Aug 13, 20264 EDGAR
- Aug 13, 20263 EDGAR
- Aug 12, 20268-K EDGAR
- Aug 7, 2026SCHEDULE 13G EDGAR
- Aug 6, 2026SCHEDULE 13G/A EDGAR
- Aug 5, 202610-Q EDGAR
- Aug 5, 20268-K EDGAR
- Jul 28, 20268-K EDGAR
- Jul 15, 20268-K EDGAR
- Jul 14, 20268-K EDGAR
- Jul 14, 2026SCHEDULE 13G/A EDGAR
- Jun 1, 20264 EDGAR
- Jun 1, 20264 EDGAR
- May 29, 2026144 EDGAR
- May 29, 2026144 EDGAR
- May 28, 20264 EDGAR
- May 28, 2026SD EDGAR
The 477 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
134 open-market trades by officers, directors and large owners since October 2021: 1 buys and 133 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| May 29, 2026 | White Richard DallasCorporate Secretary | Sale | 3,000 | $106.17 | $318.5K | Form 4 |
| May 29, 2026 | Tang FrancisChief Technology Officer | Sale | 15,330 | $112.04 | $1.7M | Form 4 |
| May 27, 2026 | Yu GaryPresident and CEO | Sale | 3,632 | $110.08 | $399.8K | Form 4 |
| May 27, 2026 | Yang EmilySVP Worldwide Sales/Marketing | Sale | 3,000 | $110.08 | $330.2K | Form 4 |
| May 27, 2026 | Tang FrancisChief Technology Officer | Sale | 5,000 | $110.08 | $550.4K | Form 4 |
| May 26, 2026 | Tsong AndySVP Worldwide Products Group | Sale | 1,582 | $106.95 | $169.2K | Form 4 |
| May 26, 2026 | Zhao JinPresident, Diodes Asia | Sale | 3,689 | $106.86 | $394.2K | Form 4 |
| May 26, 2026 | Yang EmilySVP Worldwide Sales/Marketing | Sale | 2,000 | $107.52 | $215.0K | Form 4 |
| May 26, 2026 | Tang FrancisChief Technology Officer | Sale | 4,137 | $108.00 | $446.8K | Form 4 |
| May 20, 2026 | Yang EmilySVP Worldwide Sales/Marketing | Sale | 2,000 | $96.81 | $193.6K | Form 4 |
| May 15, 2026 | Yang EmilySVP Worldwide Sales/Marketing | Sale | 2,000 | $101.47 | $202.9K | Form 4 |
| May 13, 2026 | Whitmire Brett RCFO | Sale | 16,556 | $103.34 | $1.7M | Form 4 |
| May 12, 2026 | Tsong AndySVP Worldwide Products Group | Sale | 2,652 | $110.00 | $291.7K | Form 4 |
| May 12, 2026 | Zhao JinPresident, Diodes Asia | Sale | 2,760 | $102.36 | $282.5K | Form 4 |
| May 12, 2026 | Tang FrancisChief Technology Officer | Sale | 3,643 | $108.00 | $393.4K | Form 4 |
| Feb 24, 2026 | Yang EmilySVP Worldwide Sales/Marketing | Sale | 2,154 | $69.89 | $150.6K | Form 4 |
| Feb 24, 2026 | Yu GaryPresident and CEO | Sale | 2,000 | $70.00 | $140.0K | Form 4 |
| Feb 20, 2026 | LU KEH SHEW | Sale | 111,000 | $67.76 | $7.5M | Form 4 |
| Feb 13, 2026 | Whitmire Brett RCFO | Sale | 5,953 | $71.22 | $424.0K | Form 4 |
| Feb 13, 2026 | Yang EmilySVP Worldwide Sales/Marketing | Sale | 1,000 | $71.89 | $71.9K | Form 4 |
All 134 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- State Street CorporationSCHEDULE 13G, 3 filings Nov 10, 2025 to Aug 7, 202678
- FMR LLCSCHEDULE 13G/A, 5 filings Jul 10, 2024 to Aug 6, 202679
- DIMENSIONAL FUND ADVISORS LPSCHEDULE 13G/A, 3 filings Feb 8, 2022 to Jul 14, 202680
- VANGUARD CAPITAL MANAGEMENT LLCSCHEDULE 13G, 1 filing Apr 29, 202681
- VANGUARD PORTFOLIO MANAGEMENT LLCSCHEDULE 13G, 1 filing Apr 29, 202682
- VANGUARD GROUP INCSCHEDULE 13G/A, 4 filings Feb 9, 2022 to Mar 26, 202683
- BlackRockSCHEDULE 13G/A, 6 filings Jan 25, 2022 to Jul 17, 202584
- EARNEST PARTNERS LLCSC 13G/A, 4 filings Feb 14, 2023 to Sep 10, 202485
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Gary Yu | 53 | $700.2K | $4.3M86 |
| 2025 | Dr. Keh-Shew Lu | 79 | $331.5K | $3.7M86 |
| 2025 | Francis Tang | 71 | $410.0K | $1.6M86 |
| 2025 | Jin Zhao | 57 | $350.0K | $1.6M86 |
| 2025 | Andy (Kuo-Ting) Tsong | 58 | $350.0K | $1.5M86 |
| 2025 | Brett R. Whitmire | 60 | $350.0K | $1.5M86 |
| 2025 | Emily Yang | 57 | $350.0K | $1.5M86 |
| 2024 | Chairman of the Board and | $740.2K | $4.8M86 | |
| 2024 | President and | $629.5K | $4.0M86 | |
| 2024 | Chief Technology Officer | $410.0K | $1.5M86 | |
| 2024 | Chief Financial Officer | $330.0K | $1.2M86 | |
| 2024 | Senior Vice PresidentWorldwide | $330.0K | $1.2M86 | |
| 2024 | Senior VicePresident | $330.0K | $1.2M86 | |
| 2023 | Former ChiefExecutive Officer | $805.8K | $9.5M86 | |
| 2023 | Chief Executive Officer | $441.5K | $3.0M86 | |
| 2023 | Chief Technology Officer | $409.2K | $2.2M86 | |
| 2023 | Chief Financial Officer | $328.3K | $2.1M86 | |
| 2023 | Worldwide Sales and Marketing | $328.3K | $2.1M86 | |
| 2023 | Manufacturing Quality and Asia President | $328.3K | $2.1M86 | |
| 2023 | Worldwide ProductsGroup | $324.1K | $2.1M86 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| BlackRock, Inc. | 7,345,758 | $803.9M | 0.0% | +147,184 |
| Fmr LLC | 4,380,124 | $479.4M | 0.0% | −1,307,610 |
| Vanguard Portfolio Management LLC | 3,742,338 | $409.6M | 0.0% | +103,406 |
| State Street Corp | 2,605,247 | $285.1M | 0.0% | +323,198 |
| Dimensional Fund Advisors LP | 2,200,506 | $240.8M | 0.0% | −235,853 |
| Vanguard Capital Management LLC | 1,994,456 | $218.3M | 0.0% | +12,290 |
| William Blair Investment Management, LLC | 1,682,686 | $184.2M | 0.6% | +1,241,124 |
| Geode Capital Management, LLC | 1,647,832 | $180.4M | 0.0% | +210,970 |
| Morgan Stanley | 1,045,681 | $114.4M | 0.0% | −618,845 |
| Earnest Partners LLC | 964,595 | $105.6M | 0.4% | −36,840 |
| Invesco Ltd. | 889,222 | $97.3M | 0.0% | +60,803 |
| American Century Companies Inc | 806,886 | $88.3M | 0.0% | +687,921 |
| Charles Schwab Investment Management Inc | 728,885 | $79.8M | 0.0% | −43,453 |
| Global Alpha Capital Management Ltd. | 578,999 | $63.4M | 3.8% | −258,655 |
| Northern Trust Corp | 574,559 | $62.9M | 0.0% | +32,350 |
| Victory Capital Management Inc | 507,594 | $55.6M | 0.0% | −284,042 |
| Nomura Asset Management International Inc. | 480,789 | $52.6M | 0.1% | −101,447 |
| Fuller & Thaler Asset Management, Inc. | 443,716 | $48.6M | 0.1% | +15,546 |
| Oberweis Asset Management Inc/ | 413,750 | $45.3M | 0.9% | +189,450 |
| Bank of New York Mellon Corp | 378,480 | $41.4M | 0.0% | +94,245 |
| Panagora Asset Management Inc | 358,368 | $39.2M | 0.1% | +188,902 |
| Boston Partners | 357,679 | $38.6M | 0.0% | +14,648 |
| Artemis Investment Management LLP | 351,347 | $38.5M | 0.3% | New |
| Emerald Advisers, LLC | 345,473 | $37.8M | 0.9% | +164,420 |
| Goldman Sachs Group Inc | 338,980 | $37.1M | 0.0% | −592,151 |
13F reports cover disclosed long positions in U.S. stocks only.
Members of Congress who traded it
3 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.
| Date | Member | Trade | Amount | Vs S&P since | Filing |
|---|---|---|---|---|---|
| Oct 16, 2023 | Tommy TubervilleRepublican, Senate | Sale | $1,001 - $15,000 | +71.6% | Report |
| Apr 17, 2023 | Thomas R Carper, Senate | Sale | $1,001 - $15,000 | +89.3% | Report |
| Apr 3, 2023 | Tommy TubervilleRepublican, Senate | Buy | $1,001 - $15,000 | −97.5% | Report |
Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).
SEC filer profile
How Diodes Incorporated is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARDIODES INC /DEL/2
- CIK0000029002
- Employer ID (EIN)95-203951816
- Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company16
- Incorporated inDelaware16
- Fiscal year endsDecember 312
- Industry code (SIC)3674 Semiconductors & Related Devices2
- SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance2
- Business address4949 Hedgcoxe Road, Suite 200, Plano, TX 750242
- Phone972-987-39002
- Shares outstanding46,051,705 as of Jul 30, 202614
- Public float$2.4B as of Jun 30, 202516
- AuditorBaker Tilly US, LLP, Irvine, California PCAOB ID 23; it also attests to the company’s internal control over financial reporting16
- On EDGAR sinceMay 23, 19952
- Filings2,028 in all: 4 (1,132), 8-K (374), 10-Q (94), SC 13G/A (77), 144 (65), DEFA14A (35), DEF 14A (32), 3 (28)2
All 42 form types
SC 13G (27), 10-K (25), 4/A (15), SD (13), UPLOAD (13), 8-K/A (11), ARS (11), CT ORDER (10), CORRESP (7), S-8 (7), SC 13D/A (7), 10-K405 (6), SCHEDULE 13G (6), SCHEDULE 13G/A (6), 5 (5), 10-K/A (2), SC 13D (2), SEC STAFF LETTER (2), 10-Q/A (1), 144/A (1), 15-12B (1), 3/A (1), 424B4 (1), 424B5 (1), 5/A (1), 8-A12G (1), FWP (1), NT 10-K (1), POSASR (1), S-3 (1), S-3/A (1), S-3ASR (1), SC TO-I (1), SC TO-I/A (1)
- Latest filingsAnnual report (10-K) Feb 10, 2026
Quarterly report (10-Q) Aug 5, 2026
Proxy statement (DEF 14A) Apr 1, 2026
Latest 8-K (8-K) Oct 15, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, Par Value $0.66 2/3 | DIOD | NASDAQ |
From the cover page of the 10-K filed Feb 10, 2026 (Section 12(b) of the Exchange Act).16
Risk factors and legal proceedings
The risks Diodes Incorporated names in Item 1A of its 10-K filed Feb 10, 2026: 57 risks under these headings, as written.16
- RISKS RELATED TO OUR BUSINESS
- The impact of tariffs assessed or contemplated to be assessed by various governments could have a material adverse effect on our business, financial condition, and results of operations.
- The impact of pandemics may have a material adverse effect on our business, financial condition, and results of operations.
- During times of difficult market conditions, our fixed costs combined with lower net sales and lower profit margins may have a negative impact on our business, operating results, and financial condition.
- Downturns in the highly cyclical semiconductor industry or changes in end-market demand could adversely affect our operating results and financial condition.
- The semiconductor business is highly competitive, and increased competition may harm our business, operating results, and financial condition.
- Delays in initiation of production at facilities due to implementing new production techniques or resolving problems associated with technical equipment malfunctions could adversely affect our manufacturing efficiencies, operating results, and financial condition.
- We are and will continue to be under continuous pressure from our customers and competitors to reduce the price of our products, which could adversely affect our growth and profit margins.
- Our customers may require our products to undergo a lengthy and expensive qualification process without any assurance of product sales and may audit our operations from time to time. A failure to qualify a product or a negative audit finding could adversely affect our net sales, operating results, and financial condition.
- Our customer orders are subject to cancellation or modification usually with no penalty. High volumes of order cancellation or reduction in quantities ordered could adversely affect our net sales, operating results, and financial condition.
- Production at our manufacturing facilities could be disrupted for a variety of reasons, including natural disasters and other extraordinary events, which could prevent us from producing enough of our products to maintain our sales and satisfy our customers’ demands and could adversely affect our operating results and financial condition.
- New technologies could result in the development of new products by our competitors and a decrease in demand for our products, and we may not be able to develop new products to satisfy changes in demand, which would adversely affect our net sales, market share, operating results, and financial condition.
The other 46 risks
- We may be subject to claims of infringement of third-party intellectual property rights or demands that we license third-party technology, which could result in significant expense, reduction in our intellectual property rights and a negative impact on our business, operating results, and financial condition.
- We depend on third-party suppliers for timely deliveries of raw materials, manufacturing services, product and process development, parts, and equipment, as well as finished products from other manufacturers, and our reputation with customers, operating results, and financial condition could be adversely affected if we are unable to obtain adequate supplies in a timely manner.
- A significant part of our growth strategy involves acquiring companies and businesses. We may be unable to identify suitable acquisition candidates or consummate desired acquisitions and, if we do make any acquisitions, we may be unable to successfully integrate any acquired companies with our operations, which could adversely affect our business, operating results, and financial condition.
- We are subject to many environmental laws and regulations that could result in significant expenses and could adversely affect our business, operating results, and financial condition.
- We may incur additional costs and face emerging risks associated with environmental, social and governance (“ESG”) factors impacting our operations.
- Our products, or products we purchase from third parties for resale, may be found to be defective and, as a result, warranty claims and product liability claims may be asserted against us and we may not have recourse against our suppliers, which may harm our business, reputation with our customers, operating results, and financial condition.
- We may fail to attract or retain the qualified technical, sales, marketing, finance, and management/executive personnel required to operate our business successfully, which could adversely affect our business, operating results, and financial condition.
- We may not be able to achieve future growth, and any such growth may place a strain on our management and on our systems and resources, which could adversely affect our business, operating results, and financial condition.
- Obsolete inventories as a result of changes in demand for our products and change in life cycles of our products could adversely affect our business, operating results, and financial condition.
- If our direct sales customers or our distributors’ customers do not design our products into their applications, our net sales may be adversely affected.
- We are subject to interest rate risk that could have an adverse effect on our cost of working capital and interest expenses, which could adversely affect our business, operating results, and financial condition.
- Our hedging strategies may not be successful in mitigating our risks associated with interest rates or foreign exchange exposure or our counterparties might not perform as agreed.
- We may have a significant amount of debt with various financial institutions worldwide. Any indebtedness could adversely affect our business, operating results, financial condition, and our ability to meet payment obligations under such debt.
- Restrictions in our credit facilities may limit our business and financial activities, including our ability to obtain additional capital in the future.
- Our business benefits from certain Chinese government incentives. Expiration of, or changes to, these incentives could adversely affect our operating results and financial condition.
- We operate a global business through numerous foreign subsidiaries, and there is a risk that tax authorities will challenge our transfer pricing methodologies or legal entity structures, which could adversely affect our operating results and financial condition.
- Certain of our employees in the U.K. participate in a company-sponsored defined benefit plan which subjects the Company to risks associated with the estimates and assumptions used in calculating expense and funding requirements recorded in the Company’s consolidated financial statements. Inaccuracies or changes in these estimates could require material changes in the expense and funding required.
- Compliance with government regulations and customer demands regarding the use of “conflict minerals” may result in increased costs and may have a negative impact on our business, operating results, and financial condition.
- If we fail to maintain an effective system of internal controls or discover material weaknesses in our internal control over financial reporting, we may not be able to report our financial results accurately or detect fraud, which could harm our business and the trading price of our Common Stock.
- RISKS RELATED TO OUR INTERNATIONAL OPERATIONS
- Our international operations subject us to risks that could adversely affect our operations.
- A slowdown in the Chinese economy could limit the growth in demand for electronic devices containing our products, which would have a material adverse effect on our business, operating results, and prospects.
- Economic regulation in China could materially and adversely affect our business, operating results, and prospects.
- We could be adversely affected by violations of the United States’ Foreign Corrupt Practices Act, the U.K.’s Bribery Act 2010, China’s anti-corruption campaign and similar worldwide anti-bribery laws.
- We are subject to foreign currency risk as a result of our international operations.
- China is experiencing rapid social, political and economic change, which has increased labor costs and other related costs that could make doing business in China less advantageous than in prior years. Increased labor costs in China could adversely affect our business, operating results, and financial condition.
- We may not continue to receive preferential tax treatment in Asia, thereby increasing our income tax expense and reducing our net income.
- The distribution of any earnings of certain foreign subsidiaries may be subject to foreign income taxes, thus reducing our net income.
- We could be adversely affected by the compromise or theft of our technology, know-how, data, or intellectual property or a requirement that we yield rights in technology, know-how, data stored in foreign jurisdictions, or intellectual property that we use in such foreign jurisdictions.
- RISKS RELATED TO OUR COMMON STOCK
- Variations in our quarterly operating results may cause our stock price to be volatile.
- We may enter into future acquisitions and take certain actions in connection with such acquisitions that could adversely affect the price of our Common Stock.
- Anti-takeover effects of certain provisions of Delaware law and our Certificate of Incorporation and Bylaws, may hinder a take-over attempt.
- GENERAL RISK FACTORS
- The continued hostilities between Ukraine and Russia could negatively impact our business.
- The success of our business depends on the strength of the global economy and the stability of the financial markets, and any weaknesses in these areas may have a material adverse effect on our net sales, operating results, and financial condition.
- We may be adversely affected by any disruption in our information technology systems, which could adversely affect our cash flows, operating results, and financial condition.
- Terrorist attacks, or threats or occurrences of other terrorist activities, whether in the U.S. or internationally, may affect the markets in which our Common Stock trades, the markets in which we operate and our operating results and financial condition.
- System security risks, data protection breaches, cyber-attacks and other related cybersecurity issues could disrupt our internal operations, and any such disruption could reduce our expected net sales, increase our expenses, damage our reputation, and adversely affect our stock price.
- Our customers may require our products to undergo a lengthy and expensive qualification process without any assurance of product sales and may audit our operations from time to time. A failure to qualify a product or a negative audit finding could adversely affect our net sales, operating results and financial condition.
- We may be subject to claims of infringement of third-party intellectual property rights or demands that we license third-party technology, which could result in significant expense, reduction in our intellectual property rights, and a negative impact on our business, operating results, and financial condition.
- We may incur additional costs and face emerging risks associated with environmental, social, and governance (“ESG”) factors impacting our operations.
- We may fail to attract or retain the qualified technical, sales, marketing, finance and management/executive personnel required to operate our business successfully, which could adversely affect our business, operating results, and financial condition.
- Certain of our employees in the U.K. participate in a company-sponsored defined benefit plan (the “Plan”), which subjects the Company to risks associated with the estimates and assumptions used in calculating expense and funding requirements recorded in the Company’s consolidated financial statements. Inaccuracies or changes in these estimates could require material changes in the expense and funding required.
- We could be adversely affected by violations of the United States’ Foreign Corrupt Practices Act, the U.K.’s Bribery Act 2010, China’s anti-corruption campaign, and similar worldwide anti-bribery laws.
- China is experiencing rapid social, political, and economic change, which has increased labor costs and other related costs that could make doing business in China less advantageous than in prior years. Increased labor costs in China could adversely affect our business, operating results, and financial condition.
- Anti-takeover effects of certain provisions of Delaware law and our Certificate of Incorporation, may hinder a take-over attempt.
- Terrorist attacks, or threats or occurrences of other terrorist activities, whether in the U.S. or internationally, may affect the markets in which our Common Stock trades, the markets in which we operate, and our operating results and financial condition.
- System security risks, data protection breaches, cyber-attacks, and other related cybersecurity issues could disrupt our internal operations, and any such disruption could reduce our expected net sales, increase our expenses, damage our reputation, and adversely affect our stock price.
Legal proceedings
From time to time, we are involved in various legal proceedings that arise in the normal course of business. While we intend to defend any lawsuit vigorously, we presently believe that the ultimate outcome of any current pending legal proceeding will not have any material adverse effect on our financial position, cash flows, or operating results. However, litigation is subject to inherent uncertainties, and unfavorable rulings could occur. An unfavorable ruling could include monetary damages, which could impact our business and operating results for the period in which the ruling occurs or future periods. In addition, our foreign operations expose us to unique intellectual property technology risks compared to a company with fewer or no international operations. Such risks could lead to litigation or other disputes that would not be applicable to a company with limited or no international operations and could have a material and adverse effect on our financial condition and results of operations. See “Risk Factors – Risks Related to Our International Operations.” in Part I, Item 1A of this Annual Report for a more detailed summary of the intellectual property technology risks associated with our international business operations.
The opening of Item 3, Legal Proceedings.16
Links
- Websitewww.diodes.com1
- WikipediaDiodes Incorporated
- More imagesWikimedia Commons
- WikidataQ5279096
- SEC EDGARCIK 29002
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataDiodes Incorporated on Wikidata
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- 3WikipediaDiodes Incorporated on Wikipedia
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- 7Wikimedia CommonsDiodes Incorporated photo by Crazyblocks, CC0
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- 17SEC EDGARGary Yu, Chief executive officer
- 18SEC EDGARKeh Shew Lu, Chief executive officer
- 19SEC EDGARC. H. Chen, Chief executive officer
- 20SEC EDGARGary Yu, President
- 21SEC EDGARJin Zhao, President
- 22SEC EDGARAndy Tsong, President
- 23SEC EDGARSteven Ho, President
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- 26SEC EDGARGary Yu, Chief operating officer
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- 28SEC EDGARGary Yu, SVP, Business Groups
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- 33SEC EDGARChieh Chang, Vice President
- 34SEC EDGARClemente Beltran, Vice President
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- 36SEC EDGARJulie Holland, VP WW Analog Products
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- 42SEC EDGARSteven Ho, V.P., Asia Sales
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- 45SEC EDGARPhilip J. Ritter, Board member
- 46SEC EDGAREvan Yu, Board member
- 47SEC EDGARHuey-Jen Jenny Su, Board member
- 48SEC EDGARRobert E. Feiger, Board member
- 49SEC EDGARElizabeth Bull, Board member
- 50SEC EDGARButton Angie Chen, Board member
- 51SEC EDGARWarren Chen, Board member
- 52SEC EDGARPeter M. Menard, Board member
- 53SEC EDGARWen-Chi Sung, Board member
- 54SEC EDGARMichael Kuo-Chih Tsai, Board member
- 55SEC EDGARLu-Pao Hsu, Board member
- 56SEC EDGARJohn M. Stich, Board member
- 57SEC EDGARKeh Shew Lu, Board member
- 58SEC EDGARM. K. Lu, Board member
- 59SEC EDGARRaymond Soong, Board member
- 60SEC EDGARShing Mao, Board member
- 61SEC EDGARRegulation FD disclosure
- 62SEC EDGAROther events
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- 67SEC EDGARRegulation FD disclosure
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- 72SEC EDGARRegulation FD disclosure
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