Uncertainty Due To China Exposure
Monolithic Power’s (MPWR) substantial China exposure makes it a victim to the trade-war volatility and uncertain market conditions. Despite being headquartered and publicly listed in U.S., MPWR operates largely as a foreign company with approximately 90% of production and 58% of sales in China. President Trump's actions targeting exports of certain technologies to China could lead to restrictions on the export of products that Monolithic sells to its customers in China. Furthermore, Monolithic and its manufacturing partners are subject to extensive Chinese government regulation, and the benefit of