Introduction

Summary

Power management integrated circuits (PMICs) have enabled the development of smaller, more energy‐efficient, and reliable electronic solutions. PMICs are crucial for the development of renewable energies, such as solar and wind power, by enabling efficient power conversion and management. A PMIC is an electronic component that delivers one or more supply voltages to other circuit blocks at a sufficient power level out of an electrical energy source. Power management designs benefit from suitable semiconductor technologies with advanced integrated and discrete components, compact passives suitable for high‐frequency operation, and advanced packaging technologies enabling heterogeneous co‐integration. The PMICs market has seen a massive growth surge in recent years. It has been driven by the trend toward electric‐powered transportation and the increasing demand for battery‐operated devices, including smartphones, laptops, and wearables. PMICs are essential in major growth areas such as automotive, industrial, mobile communication, Internet‐of‐Things, and health care.