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Alpha and Omega Semiconductor Announces Silicon Carbide License Deal and Supply Agreement
Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
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Rhea-AI Summary
Alpha and Omega Semiconductor (AOSL) has announced a new licensing agreement with a leading automotive power semiconductor supplier. This agreement includes AOS’s Silicon Carbide (SiC) MOSFET and diode technology, along with engineering support. SiC technology is pivotal for developing more efficient electric vehicle (EV) powertrains and charging systems, aiming to tap into a projected $6 billion total addressable market by 2027. The agreement is expected to enhance product market entry and provide customers with a geographically diverse supply chain, thereby reducing risks.
Positive
New licensing agreement with a major automotive supplier.
Enhances market entry for SiC MOSFET technology.
Potential access to a $6 billion market by 2027.
Supports development of efficient EV powertrains and charging systems.
Negative
None.
SUNNYVALE, Calif.--(BUSINESS WIRE)--
Alpha and Omega Semiconductor Limited (AOS) (Nasdaq: AOSL), a designer, developer, and global supplier of a broad range of power semiconductors announced today that it has entered into a license agreement with a leading power semiconductor automotive supplier related to AOS’s Silicon Carbide (SiC) MOSFET and diode technology. In the agreement AOS will license and provide engineering support for its proprietary aSiC technology as well as an accompanying supply agreement.
Silicon Carbide is a next-generation power semiconductor technology can enable automotive manufactures to produce electric vehicle (EV) powertrain and charging systems with smaller size and higher efficiency resulting in faster charging and extended operating range. The SiC market is one of the fastest growing segments in the power semiconductor market with an estimated $6 billion total addressable market size by 2027. AOS’s class leading automotive aSiC MOSFETs are available from 750V to 1200V, covering the majority of 400V and rapidly expanding 800V EV battery systems.
“We are very excited to enter this new license and supply agreement that further validates the technical leadership of our aSiC technology,” said David Sheridan, vice president of SiC products at AOS. “This will provide a great acceleration of our products into the market and have the potential for our customers to secure a geographically diverse supply chain to reduce regional risk.”
About Alpha and Omega Semiconductor
Alpha and Omega Semiconductor Limited, or AOS, is a designer, developer and global supplier of a broad range of power semiconductors, including a wide portfolio of Power MOSFET, IGBT, IPM, TVS, HVIC, GaN/SiC, Power IC and Digital Power products. AOS has developed extensive intellectual property and technical knowledge that encompasses the latest advancements in the power semiconductor industry, which enables us to introduce innovative products to address the increasingly complex power requirements of advanced electronics. AOS differentiates itself by integrating its Discrete and IC semiconductor process technology, product design, and advanced packaging know-how to develop high performance power management solutions. AOS’ portfolio of products targets high-volume applications, including portable computers, graphic cards, flat-panel TVs, home appliances, smart phones, battery packs, consumer and industrial motor controls and power supplies for TVs, computers, servers, and telecommunications equipment. For more information, please visit www.aosmd.com.
