Upon power-up, the comparator in IC2 determines the state of the circuit. The comparator’s output, IC2 pin 6, goes to the input of the MOSFET driver, IC1. The driver internally generates a gatedrive voltage 8.8V above the device’s supply voltage. This high voltage drives the appropriate MOSFETs in Q2 and Q3.
IC2 is also the heart of a flying-capacitor, buck/boost dc/dc converter. Unlike other switching-regulator schemes, this topology needs no transformers. Transistor Q1 controls this section’s output voltage, VS. When VIN is at 5V, Q1 is off, forcing the section to operate as a step-down converter. In this mode, the section produces 3.3V, which goes to the output through Q3B. Also in this mode, 5V power goes directly through Q2A, and Q2B and Q3A are both off.
Lower-frequency converters would reduce power consumption at the expense of a larger inductor. The efficiency of the dc/dc-converter section is 73% in either mode. But because this power accounts for only half of the circuit’s output power, the circuit’s overall efficiency is approximately 80% with VIN=3.3V and 86% with VIN=5V.