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TPS23861 VPWR Question

Other Parts Discussed in Thread: TPS23861, PMP21274, UCC2897A, LM51551

 

Product:TPS23861PW

Issue:VPWR will from 48V drop to 40V when join up POE device,then up to 48V.(Power control IC is LM2481MM)

please help me,what is the reason. Whoever effects ? OCP?