ALGM

Allegro MicroSystems, Inc. designs, develops, and manufactures sensor integrated circuits and application-specific analog power ICs primarily for the automotive and industrial markets. Headquartered in Manchester, New Hampshire, the company operates design centers across the United States, Europe, Japan, Korea, and the Philippines, with manufacturing facilities in the Philippines, Thailand, Argentina, Poland, and Romania. Allegro specializes in magnetic sensor ICs and power ICs used in critical applications including electric vehicle powertrains, advanced driver assistance systems (ADAS), electrified propulsion systems, battery management, and industrial automation. The company's product portfolio encompasses current sensors, position sensors, speed sensors, and motor driver ICs that enable precise control and monitoring in automotive and industrial equipment. Allegro serves over 5,000 customers globally and employs approximately 3,400 people worldwide. The company generates roughly 70% of its revenue from automotive applications, positioning it as a key beneficiary of the global electrification trend and increasing vehicle electronics content. As a fabless-hybrid model, Allegro maintains internal wafer fabrication capacity while also partnering with external foundries to optimize production flexibility. The company went public in September 2020 through an IPO after being acquired by Sanken Electric Co., Ltd. in 2015, and operates as an independent entity while maintaining strategic ties with its former parent.