I’m trying to select a buck convertor to regulate the output of a LiPo battery so I can use it to replace two AA batteries. Ideally I want the regulation to happen only when the battery is above 3 V. When it drops below that I want the voltage to flow as normal and not be boosted up to 3 V. (My aim is to reduce the voltage of the LiPo battery before the buck convertor so that as the battery discharges it is able to trigger a low battery warning that kicks in at 2.4V).
I’ve found an TI IC that seems to fit the bill, the TPS62698: http://www.ti.com/product/TPS62698 . The max input and output voltages are perfect (4.8 V and 3 V), but I’m a bit confused by the minimum voltages. The minimum input specified is 2.3V, and the minimum output is 3 V. Does this mean that this is actually a buck-boost? Or is this just some sort of technicality and there is no regulation below 3 V? All of the TI step-down ICs seem to be like this from what I can see...