Thermalright is a CPU cooling company that happens to sell power supplies. Established in Taipei in 2001, it spent its first two decades building a reputation on air coolers - the Ultra-120 eXtreme and the HR series were enthusiast reference points long before the current wave of tower coolers - then drifted out of the conversation for years before the Peerless Assassin 120 dragged it back to the top of every budget build list in 2021. Its catalog has expanded aggressively since: case fans, all-in-one liquid coolers, thermal compounds, chassis, and, since 2022, power supplies. That last category deserves a different kind of scrutiny than the rest. Much like most brand names, Thermalright does not build power supplies; it commissions them, and a heatsink company's engineering credibility transfers to a PSU exactly as far as the OEM behind it allows. Every Thermalright power supply has to be judged on its platform rather than its badge.The KG series occupies the value end of Thermalright's power supply range, and the TR-KG750 reviewed here is its 750W entry. How does it hold up against the best power supplies on the market? On paper, the specification is current, with ATX 3.1 and PCIe 5.1 compliance, a native 12V-2x6 connector, full modularity, 80 PLUS Gold certification at 115 VAC, a 120 mm fan inside a 140 mm-deep chassis, and a five-year warranty. The label on the PSU itself answers the platform question without much digging. The manufacturer of record is Somore Tech Co., Ltd., the production is credited to Jiushouyangguang Power Supply (Shenzhen), and the internal designation printed beside the 80 PLUS badge is HKCMAX-750 - this is an HKC platform, and the silkscreen on the main board dates the design to April 2023. There is no Cybenetics entry for the model at the time of writing, so the 80 PLUS report is the only third-party data available on it. At a retail price of $91, it undercuts essentially every name-brand 750W Gold unit on the US market, which is the whole of its pitch.Specifications and DesignThermalright TR-KG750 Power specifications ( Rated @ 40 °C )RAIL+3.3V+5V+12V+5Vsb-12VMAX OUTPUT20A20A62.5A3A0.3A100W100W750W15W3.6WTOTAL750WAC INPUT100 - 240 VAC, 50 - 60 HzMSRP$91In the BoxThe TR-KG750 arrives in a compact cardboard box wrapped in a black-to-bronze gradient sleeve, with a three-quarter render of the unit dominating the front and the wattage set in large gold type beside it. The badge strip along the bottom edge is short: 80 PLUS Gold, ATX 3.1, PCIe 5.1, and the model number.(Image credit: Tom's Hardware)The bundle is as thin as they come. Under the protective packaging the supply is accompanied by a multilingual user’s guide, the AC power cord, a small bag of mounting screws, and four zip ties. That is the entire accessory list: no Velcro straps, no cable combs, no storage pouch. Four zip ties for an eight-cable modular supply is a token rather than a provision, and it is one of the few places where the price makes itself felt before you take the lid off.(Image credit: Tom's Hardware)The cables are all-black flat ribbon types throughout, with no sleeving anywhere in the set. They are all uniform, adding points to the aesthetics of the unit. The 12V-2x6 cable is native - a single run from the modular panel to the graphics card, with no adapter or splitter involved - but its plug does not use the dual-color keying the ATX 3.1 specification encourages, which makes an incompletely seated connector easy to spot at a glance.(Image credit: Tom's Hardware)Thermalright TR-KG750Connector typeHardwiredModularATX 24 Pin-1EPS 4+4 Pin-2PCI-E 5.1-1PCI-E 8 Pin-2SATA-6Molex-3Floppy--External AppearanceAt 150 x 86 x 140 mm, the TR-KG750 is a standard-width ATX unit with a short 140 mm body, which is about as compact as a 750W supply practically gets and leaves useful slack for cable management even in a mid-tower. The chassis is finished in a matte black with a fine texture, and the top panel carries a stamped fan grille in a diamond-and-chevron pattern - four angled spokes radiating from a central square, framed by long slotted vents - with the Thermalright wordmark pressed into a raised panel at the edge. Four exposed screws sit at the corners, one of them beneath the warranty-void sticker.(Image credit: Tom's Hardware)The rear face is a large square perforated exhaust panel with the AC receptacle and a rocker. The front face hosts the modular connector bay, cleanly silkscreened into four labeled groups: MOTHERBOARD for the split 24-pin, SATA/PATA for the peripheral cables, CPU/PCIe for the four eight-pin sockets, and a dedicated 12V 2x6 socket in the bottom corner. A scratch-off authenticity tag with a QR code sits alongside the panel.Tom's HardwareTom's HardwareThe specification label occupies the top face rather than a side panel, which is the more useful placement for a bottom-mounted supply sitting under a windowed case, and both side panels are given over to a large bronze-gradient decal carrying the wattage, model number, and 80 PLUS Gold badge. That decal is the only decoration, and the finish underneath it is unremarkable but honest - evenly applied, no orange peel, no sharp edges. The label repeats the rail ratings, the CCC certificate number, and the internal model designation, and it is where the platform gives itself away. Build quality overall is what the price suggests: the steel gauge is adequate, the panels line up, nothing rattles, but there is none of the extra finishing that separates a $90 unit from a $150 one.Tom's HardwareTom's HardwareInternal DesignCooling is handled by a 120 mm Yate Loon D12SH-12 rated for 12V at 0.30A. Yate Loon is a long-established Chinese fan maker, and the D-series is its bread-and-butter sleeve-bearing line, which makes this the single most consequential cost-saving in the unit. Sleeve bearings are quiet, like fluid-dynamic alternatives at equivalent speed, but wear faster and are more sensitive to heat and mounting orientation - all three of which matter in a supply that, as the test results show, runs its fan constantly and pushes it hard as soon as ambient temperature rises. The five-year warranty covers the fan, but it is not a part most owners will enjoy chasing a replacement for.(Image credit: Tom's Hardware)The platform is HKC’s, supplied to Thermalright under the internal designation HKCMAX-750, and the main board is silkscreened as ATX32 Main BD Rev1.2. A row of wattage selection pads along the board edge runs from 500W to 850W, with the 750W position populated, confirming this is a single design scaled across a whole product family rather than a layout drawn for 750W specifically. Component density is fair, the soldering is tidy, and some black silicone anchors the larger parts. Only two heatsinks are fitted - a small one carrying the input bridges and a taller, simple finned unit shared by the APFC and primary switching stages - and everything on the secondary side relies on the PCB and a tiny sheet heatsink soldered to it.Tom's HardwareTom's HardwareThe transient filtering stage starts at the back of the AC receptacle and continues on the main PCB. In total, there are four Y capacitors, two X capacitors, and two filtering inductors, with an MOV and an NTC thermistor also present - a complete filter with nothing omitted, if not a generous one. Two input rectifying bridges follow on their own small dedicated heatsink. The APFC stage uses two MOSFETs and a boost diode sharing the tall heatsink, paired with a large open-frame filtering coil, and the bulk capacitor is a Nichicon 450V/560 uF part from the 105C-rated GN(M) series. That capacitor is comfortably the best component in the unit and practically the only one sourced from a manufacturer with a genuine reliability record. The primary inversion stage is a half-bridge arrangement built from two 65R160FR MOSFETs on the shared heatsink, feeding the main transformer.(Image credit: Tom's Hardware)The secondary side is where the cost engineering becomes plain. The 12V rail is rectified by six Perfertway PWC012N04ES MOSFETs mounted directly on the main PCB with no heatsink of their own, and the 3.3V and 5V rails are derived from DC-to-DC converters that also live on the main board rather than a vertical daughterboard. As a layout, this is conventional and modern. The problem is provenance: essentially every active device in the conversion path - the bridges, the APFC and primary MOSFETs, the six synchronous rectifiers - comes from manufacturers with no established track record in this application. Secondary filtering is a mix of Teapo parts and capacitors branded NICON that, despite carrying a series designation borrowed from Nippon Chemi-Con’s catalog, do not appear to be a genuine Nippon Chemi-Con nor a Nichicon product, and polymer capacitors handle high-frequency filtering on the modular board. None of this is unusual at the price. It is worth stating plainly, though, that the "all Japanese" capacitor language attached to some retail listings for this model describes the bulk capacitor and nothing else.Tom's HardwareTom's HardwareCold Test Results (25°C Ambient)Cold Test Results (25°C Ambient)For the testing of PSUs, we are using high-precision electronic loads with a maximum power draw of 2700 Watts, a Rigol DS5042M 40 MHz oscilloscope, an Extech 380803 power analyzer, two high-precision UNI-T UT-325 digital thermometers, an Extech HD600 SPL meter, a self-designed hotbox, and various other bits and parts.Tom's HardwareTom's HardwareTom's HardwareTom's HardwareTom's HardwareAt 25°C ambient, the TR-KG750 averaged 89.5% at 230 VAC and 88.5% at 115 VAC across the nominal load range, peaking at 91.2% and 90.3%, respectively, at 50% load and settling to 89.2% and 87.9% at a sustained 750W. The curve is well shaped, with the usual broad plateau between 40% and 70% load and no collapse at the top end. What it does not have is margin. Against the 80 PLUS Gold thresholds at 115 VAC - 87% at 20% load, 90% at 50%, and 87% at 100% - our measured 87.2%, 90.3%, and 87.9% clear the bar by 0.2, 0.3, and 0.9 percentage points. The unit’s own 80 PLUS report reads slightly kinder at 90.2%, 91.4% and 88.3%, but the conclusion does not change: this is a Gold unit by a narrow margin.Acoustically, there is no great news. The Yate Loon spins whenever the supply is powered but remains quiet across the first half of the load range. The ramp through the middle of the range is gentle enough, but it steepens past 70% load, reaching 42 dB(A) at 600W and almost 51 dB(A) at a sustained 750W. That is loud for an efficient 750W unit at room temperature. Thermally, the platform is comfortable at 25°C. The primary and secondary heatsinks stabilized at around 60°C. Those are unremarkable numbers, with the small heatsinks and mediocre efficiency being the obvious culprits.Hot Test Results (~45°C Ambient)Hot Test Results (~45°C Ambient)Inside the hotbox at roughly 45°C ambient - five degrees beyond the unit’s own 40°C rating - efficiency averaged 87.6% at 230 VAC and 86.6% at 115 VAC, an almost uniform 1.9-point loss against the cold run. Full load is where the degradation concentrates: 85.8% at 230 VAC and 84.5% at 115 VAC, both 3.4 points down on the 25°C figures. A drop of that size is larger than we like to see, and it puts the unit well outside Gold territory under heat, although it is being measured beyond its rated envelope and the shape of the curve essentially holds throughout. The supply completed every load step without shutting down.Tom's HardwareTom's HardwareTom's HardwareTom's HardwareTom's HardwareHeat turns the fan from merely constant into genuinely intrusive. The floor rises to 37 dB(A), which is audible but not dramatic. It maintains reasonable noise figures up to 525W and then the curve breaks: between 525W and 600W the fan jumps almost ten decibels to 56 dB(A), settling at 58 dB(A) at a sustained 750W. A step that abrupt points to a coarse thermal control scheme rather than a tuned curve, and at 58 dB(A) the power supply is likely to be the loudest component in almost any system. The internal readings explain the urgency: the primary heatsink reached well over 100°C at full load. Those are very high figures for parts of uncertain pedigree and for a 750W PSU, and while the unit held together for the duration, sustained full load at 45°C is not an environment we would ask this platform to live in.PSU Quality and Bottom LinePower Supply QualityVoltage regulation is adequate rather than tight. Between 20% and 100% load, the 3.3V rail moved 1.2%, the 5V rail 1.4%, and the 12V rail 1.8%. The 12V figure is the one that matters, and it is the loosest of the three, sliding from 12.11V at 151.5W to 11.89V at 744.5W. That sits comfortably inside the ±5% ATX window and will not trouble any component, but it is roughly double what a well-tuned modern LLC platform delivers, and most of the drop arrives between 50% and 75% load rather than being spread evenly across the range.Ripple suppression follows the same pattern of simple adequacy. On the 12V rail we measured 24 mV at 20% load rising to 62 mV at full load, against the 120 mV ATX limit - a comfortable pass with roughly 48% headroom, though the jump from 38 mV at 75% load to 62 mV at 100% is steeper than the rest of the curve. The minor rails run closer to their ceilings: 34 mV on 3.3V and 38 mV on 5V against a 50 mV limit, leaving 32% and 24% headroom respectively. Cross-load behavior was unremarkable, with 60 mV on 12V under the 12V-heavy test and 34 mV on 5V under the minor-rail test. None of this is a problem for the hardware a 750W supply will realistically feed, but the minor rails have less room than we would expect from a DC-to-DC design.During our thorough assessment, we evaluate the essential protection features of every power supply unit we review, including Over Current Protection (OCP), Over Voltage Protection (OVP), Over Power Protection (OPP), and Short Circuit Protection (SCP).All protection mechanisms were verified and triggered correctly during testing. With the unit hot, OCP tripped at 140% on the 3.3V rail (28A), 142% on the 5V rail (28.4A), and 136% on the 12V rail (85A), with OPP shutting the supply down at 134% of rated output, or approximately 1005W. Those are generous thresholds, more generous than most mainstream 750W units carry, and they mean the platform will ride out the transient excursions a modern graphics card throws at it without any complaint - which is precisely what ATX 3.1 compliance is meant to guarantee.Main OutputLoad (Watts)151.52 W377.76 W558.95 W744.47 WLoad (Percent)20.2%50.37%74.53%99.26%AmperesVoltsAmperesVoltsAmperesVoltsAmperesVolts3.3 V1.83.384.53.376.753.3693.345 V1.85.114.55.106.755.0595.0412 V11.2512.1128.1412.0742.211.9056.2711.89LineRegulationVoltage Ripple (mV)(20% to 100% load)20% Load50% Load75% Load100% LoadCL1 12VCL2 3.3V + 5V3.3V1.2%2226303424305V1.4%20263238243412V1.8%243038626032Bottom LineWhat the TR-KG750 is, stated plainly, is an HKC platform wearing a Thermalright badge at a $91 price, and most of what follows from that is predictable. The specification sheet is current - ATX 3.1, PCIe 5.1, a native 12V-2x6 connector, full modularity, a compact 140 mm chassis - and the engineering is competent in the sense that nothing is missing or obviously wrong. The transient filter is complete, the topology is a modern half-bridge LLC with DC-to-DC minor rails, and the Nichicon bulk capacitor is a real Japanese part. Measured performance is broadly consistent with the class: regulation within 2% on every rail, ripple with meaningful headroom on 12V, and protection thresholds more generous than most.(Image credit: Tom's Hardware)The problems concentrate in two places. The first is efficiency, where the unit clears its 80 PLUS Gold thresholds at 115 VAC by a small margin. Certification is a floor, and this unit sits on it. Under heat, the margin vanishes entirely - 84.5% at 115 VAC and full load - and with no Cybenetics listing, there is no other independent data to weigh against ours. The second is acoustics, and the fault there is part control, part hardware. The Yate Loon is quiet enough through the first half of the load range, but the curve steepens past 70%, and the supply reaches almost 51 dB(A) at a sustained 750W at room temperature. In a warm case, it is worse: a ten-decibel step between 525W and 600W, and 58 dB(A) from there to full load. That is a coarse fan profile rather than a tuned one, and there is no fanless mode to fall back on at idle. It was little choice, as the heatsinks are too small to combat such thermal needs. Builders who care about a perfectly quiet machine can stop reading here.Underneath those sit the component choices. The Nichicon bulk capacitor aside, the secondary filtering is Teapo and NICON, and every active device in the conversion path - bridges, APFC and primary MOSFETs, the six synchronous rectifiers - comes from manufacturers with no track record to point at. That is not automatically a defect; plenty of anonymous silicon runs happily for a decade. But it is unverifiable, and heatsink temperatures well over 100°C at 45°C ambient leave less comfort than we would like, as does a sleeve-bearing fan if asked to run continuously in that heat. The five-year warranty is doing real work in the value case here, and it is the correct length for this class rather than a generous one.(Image credit: Tom's Hardware)At $91, the TR-KG750 is around $30 cheaper than the Cooler Master MWE Gold 750 V4, and that comparison is the instructive one. The Cooler Master is quieter by a wide margin, holds tighter regulation, runs a cooler secondary side under heat, and carries a ten-year warranty; the Thermalright answers with a lower price, and concedes almost everything else. Set against the Thermaltake Toughpower GX3 850W or the MSI MAG A850GLS, the picture is similar - more wattage and better-documented platforms, for more money. The TR-KG750 earns its place on price alone. If the budget is fixed near $90 and the machine lives under a desk rather than on it, this is a defensible purchase with a current feature set and adequate measured performance behind it. If there is $30 of headroom, or if noise matters substantially, have a look at higher price tags.MORE: Best Power SuppliesMORE: How We Test Power SuppliesMORE: All Power Supply Content