Abstract: A current mode converter with continuously variable optimized slope compensation and improved power factor is disclosed. In the slope compensation circuit, the output voltage of the converter is sensed and a ramp signal is generated with a slope that is determined by the loading of the converter. The ramp signal is combined with a conventional sensed current signal of the converter to generate a composite sensed current signal which is coupled to the comparator of the converter. The other input to the comparator is a conventional error amplifier and the comparator's output is used to control switching of the converter. In an alternate embodiment, the continuously variable slope compensation circuit is operative using an un-filtered full-wave rectified input voltage waveform.