Various static and microwave performances on InAlAs/InGaAs/InP HEMTs with a linearly-graded In x Ga 1−x As channel (LGC-HEMT) have been comprehensively investigated and compared to those having a conventional lattice-matched In 0.53 Ga 0.47 As channel (LM-HEMT). Improved carrier transport characteristics and confinement capability by employing the linearly-graded channel have contributed to superior extrinsic transconductance (g m ) of 346 mS mm −1 , gate-voltage swing (GVS) of 0.5 V (182 mA), unity-gain cut-off frequency (f t ) of 41 GHz and maximum oscillation frequency (f max ) of 63 GHz, with an improved frequency operation plateau at 300 K for a gate dimension of 0.65 × 200 µm 2 . Furthermore, improved kink effects leading to a lower gate leakage current of 0.7 µA mm −1 , lower output conductance (g d ) of 3.6 mS mm −1 , higher voltage gain (A V ) of 93.1, higher off-state breakdown voltage of 16.3 V and superior output power characteristics have also been discussed.