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he PSMA Board of Directors has recognized the growing role being played by the rapid technological advances in power semiconductors, power management ICs, passive components to meet demanding customer needs for higher efficiency, higher reliability power conversion products and systems.
Much of the excellent work carried out through our PSMA Technical Committees is focused on these enabling technologies. Many of the outstanding APEC Industry Sessions organized by the PSMA Technical Committees address the advances in these critical components and manufacturing technologies. In addition, the PSMA Technical Committees sponsor several Technical Workshops and Webinars that address the advances on these topics, including the full-day Capacitor and Magnetics Workshops held the Saturday prior to the start of APEC, PwrSoC 2018 held in October in Taiwan, and the 3D Power Electronics Integrations and Manufacturing Workshop.
In recognition of the significant value and contributions provided by the companies engaged in the manufacture of these enabling technologies, the PSMA Board of Directors has determined that all such companies should be eligible for full voting membership in our Association. To this end, the PSMA Bylaws have been amended to simplify the membership structure into two classifications: Regular and Affiliate. All member companies formerly classified as Associate Members will now be classified as Regular Members.
In addition, the annual dues for Regular Membership will no longer be based on self-reported industry-related revenues. Instead, beginning in 2019, Regular Membership dues will be the same for all eligible companies and set at $950 per year. The Annual Dues structure has not changed in more than 30 years. For some member companies, this will result in a significant reduction in the annual cost of membership. For a small number of current Regular members and others formerly designated as Associate members, annual membership will increase modestly.
This change in the PSMA membership structure recognizes that PSMA Member Companies continue to be at the leading edge of power technology and "the voice of the Power Sources Industry".
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