STOCK TITAN

Navitas Drives Lenovo’s Mobile Fast Charger Development

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Navitas Semiconductor (Nasdaq: NVTS) announced that its GaNFast power ICs will be used in Lenovo's latest GaN chargers—the Xiaoxin 105 W and Legion C170 W. The Xiaoxin 105 W charger is designed for daily travel, offering 105 W of power, three ports, and is lightweight at 206 grams. The Legion C170 W charger caters to gamers, delivering 170 W of power and weighing 245 grams. This collaboration marks a continued partnership that has previously resulted in high-performance chargers for Lenovo's gaming and travel segments. Both companies are also committed to sustainability, with Lenovo verified by SBTi for net zero targets and Navitas being CarbonNeutral® certified. Navitas' technology enables efficient, lightweight chargers that reduce carbon emissions.

Positive
  • Navitas' GaNFast power ICs are selected for Lenovo's latest GaN chargers.
  • The Xiaoxin 105 W charger is 41% lighter than typical 100 W adapters.
  • The Legion C170 W charger is 78% lighter and charges 2 times faster than previous models.
  • Navitas' technology enhances efficiency and reduces power loss.
  • Lenovo and Navitas contribute to sustainability through reduced carbon emissions.
  • Lenovo verified by SBTi for net zero targets.
  • Navitas is the world's first power semiconductor company to achieve CarbonNeutral® certification.
Negative
  • None.

Insights

The collaboration between Navitas Semiconductor and Lenovo to develop new GaNFast power ICs for next-gen chargers is significant for the tech industry. GaN (gallium nitride) technology offers marked improvements over traditional silicon-based chargers, including higher efficiency, lighter weight and faster charging times. For example, the Xiaoxin 105 W GaN charger is not only 41% lighter than typical chargers but also charges devices significantly faster, which could be a key selling point for consumers looking for convenient, fast-charging solutions. The Legion C170 W charger, targeting gamers, underscores the versatility and power-density of GaN technology, highlighting its ability to meet high-demand scenarios without the bulk.

From a technical perspective, the increasing efficiency and reduced size of these chargers are notable. GaN’s ability to operate at higher voltages and temperatures without significant loss of performance means that devices can be more compact while still delivering high power, addressing a critical pain point in mobile and gaming device markets. Furthermore, the innovative application of GaNSense technology, which features loss-less current sensing and rapid short-circuit protection, enhances the reliability and safety of these chargers.

Overall, this partnership not only propels Navitas to the forefront of power semiconductor technology but also reinforces Lenovo’s commitment to delivering cutting-edge, user-friendly tech solutions.

Navitas’ collaboration with Lenovo to develop GaNFast chargers could have a noteworthy impact on the market. The introduction of these next-gen chargers comes at a time when consumers are increasingly seeking out efficient, lightweight and sustainable tech solutions. GaN technology's superior characteristics over traditional silicon-based systems positions Navitas and Lenovo favorably in the competitive charging solutions market.

From a market perspective, the focus on sustainability and efficiency aligns well with broader consumer and regulatory demands for greener technology. The ability of GaNFast technology to reduce size, weight and energy consumption not only enhances user convenience but also contributes significantly to environmental goals. This dual focus on performance and sustainability could enhance brand loyalty and attract environmentally conscious consumers.

In the short term, this product launch could boost sales for Lenovo, particularly in segments such as gaming and mobile computing where efficient power solutions are in high demand. In the long term, sustained collaboration between Navitas and Lenovo could set a benchmark in the industry, driving further innovation and potentially increasing market share.

For investors, Navitas Semiconductor's announcement holds promising implications. The successful integration of GaNFast power ICs into Lenovo’s latest chargers showcases Navitas’ technological leadership in the power semiconductor space. Collaborating with a globally recognized brand like Lenovo not only validates Navitas’ technology but could also provide a significant revenue stream and competitive advantage.

Evaluating financials, the increased deployment of GaN technology in high-demand consumer electronics can result in higher sales and potentially improved margins, given the premium positioning of GaN products. The strategic partnership with Lenovo and the emphasis on sustainability might also appeal to ESG (Environmental, Social and Governance) focused investors, aligning with global trends toward sustainable investing.

However, investors should remain cautious of the competitive landscape. Other semiconductor manufacturers are also advancing in GaN technology, which could impact Navitas’ market share. Nevertheless, the strong partnership with a major player like Lenovo could provide a buffer against such competitive pressures and help maintain a steady growth trajectory.

In summary, while there are competitive risks, the announcement appears to be a positive development for Navitas, indicating robust potential for growth and market leadership.

Next-gen GaNFast™ Power ICs Enable Lenovo to Create Efficient, Lightweight, and Sustainable High-Speed GaN Chargers

TORRANCE, Calif., June 20, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS), the industry leader in next-generation GaNFast™ gallium nitride (GaN) and GeneSiC™ silicon carbide (SiC) power semiconductors today announced that its GaNFast power ICs have been selected to lead Lenovo’s latest GaN technology chargers; Xiaoxin 105 W GaN charger, and the Legion C170 W GaN charger, respectively designed for daily travel and gaming power, bringing consumers a brand new fast charging experience.

The Xiaoxin 105 W GaN charger is designed for daily travel. It outputs 105 W of power and is equipped with 3 ports (2C1A) supporting multiple protocols; easily achieving the charging needs of various devices simultaneously. At only 206 g, the 105 W fast-charger is 41% lighter than a typical 100 W computer adapter and takes only 34 minutes to charge the Xiaoxin 16 Pro to 50%. The Navitas NV6138 GaNFast power IC with GaNSense™ technology is at the heart of the high-frequency flyback topology design, providing a stable, durable, and efficient charging experience.

The Legion C170 W GaN charger is designed specifically for hardcore gamers. It delivers 170 W of continuous power through a single port to meet the high-power demands of gaming devices. At only 245 grams, it’s 78% lighter than Legion Y9000P’s original inbox charger and can charge up to 2 times faster than the Legion C140 W Charger. The Navitas NV6136 GaNFast power IC with GaNSense technology is used in the PFC stage, featuring loss-less current sensing and 6 times faster short-circuit protection than competing solutions, delivering cooler operation, superior efficiency, reliability, and power density.

Lenovo’s long-term collaboration with Navitas has brought a series of groundbreaking fast chargers to the market and played a significant role in raising market awareness on showcasing the benefits of GaN technology. At the Lenovo YOGA CC65 dual-port GaN charger launch event in 2021, Navitas' 6-inch GaN wafer and GaNFast power ICs were publicly showcased for the first time, unveiling the mysteries of this leading technology to consumers. In terms of gaming products, Navitas collaborated with Lenovo to create a 90 W charger for the Lenovo Legion Pro Gaming Phone and a 135 W, C135 W GaN charger for the Legion 5 and 5 Pro Gen 7 laptops. For lightweight travel, Lenovo developed a series of compact, lightweight powerful GaN chargers using Navitas technology, including the revolutionary compact Thinkplus ‘lipstick’ and the ultra-thin Thinkbook ‘biscuit’ charger.

Lenovo and Navitas are not only partners in power technology but also pioneers in sustainability. Lenovo Group is verified by the Science Based Targets initiative (SBTi) for net zero targets and Navitas is the world’s first power semiconductor company to achieve CarbonNeutral® certification. Navitas’ advanced GaN technology enables Lenovo to continuously create smaller, lighter chargers with higher power density, significantly reducing the number of passive and magnetic components inside the charger, achieving CO2 reduction in production through “dematerialization”. The increased efficiency reduces power loss during use, thus further lowering carbon emissions in the product lifecycle.

“With the support of Navitas GaNFast power ICs, we have successfully introduced two new Xiaoxin and Legion GaN chargers to the market, enabling a lightweight and powerful charging experience for daily travel and gaming performance,” said Elon Chen, Product Manager of Consumer Business for Lenovo Group China. “Moreover, the successful application of Navitas’ GaNFast technology continuously reduces the size and weight of chargers, highly increasing efficiency, bringing convenience to consumers, while contributing to carbon reduction.”

“Powerland is very pleased to collaborate with Navitas again to create two high-performance and lightweight GaN chargers for Lenovo,” said Dr. Wang Chuanyun, VP of R&D for Powerland Group. “Powerland is dedicated to pushing the envelope of technology to build leading power products for our clients. Efficient, reliable, and easy-to-use GaNFast power ICs are crucial to realize that.”

“Navitas is very honored to enter Lenovo’s supply chain twice in a short period, providing high-efficiency and stable GaNFast fast charging power into two important Lenovo products,” said Charles Zha, VP and GM of Navitas China. “By working closely with Powerland, our highly integrated GaNFast technology has enabled Lenovo to continuously achieve leading-edge results in size, performance, and reliability of chargers. With innovative laptops like AI PCs on the rise, Navitas predicts a surge in demand for powerful GaNFast charging solutions. Navitas is on a mission to push the limits of gallium nitride technology, empowering global partners like Lenovo to slash energy usage and emissions in charger and adapter production. Together, we will speed towards a greener, more sustainable planet!”

About Lenovo

Lenovo is a global technology powerhouse, ranked at 217 in the Fortune Global 500, and a $62 billion revenue company that employs 77,000 people worldwide, focused on delivering ‘smarter technology for all’. Building on our success as the world’s number one PC maker, Lenovo is expanding its research into growth areas to advance ‘New I.T.’ technologies (client, edge, cloud, network, and intelligence).

Lenovo’s continued investment in innovation and commitment to research and development is changing how we live and work today and for years to come. Those innovations need to progress in harmony with our planet and its people, and so Lenovo prioritizes corporate citizenship in all that it does - from exploring net-zero emissions to global philanthropy. From cities studded with edge computing cabinets that help stop traffic accidents to a ‘cyber space room’ where people interact with life-size objects on a transparent screen, our whole idea of computing is changing. The real and virtual worlds are colliding - not metaphorically, but in a very real way.

Lenovo is determined to improve our planet and society by minimizing Lenovo’s environmental impact, promoting social equity through its business and via the Lenovo Foundation, and ensuring ethical, responsible, and transparent operations. In January 2023, Lenovo became one of the first group of companies to receive net-zero validation from the Science Based Targets initiative, making it the first PC and smartphone maker and one of only 139 companies around the world with targets validated by the Net-Zero Standard. Lenovo’s goal is to positively impact 15 million people by 2025 through the work of global philanthropy partnerships and programs, led by the Lenovo Foundation.

About Navitas
Navitas Semiconductor (Nasdaq: NVTS) is the only pure-play, next-generation power-semiconductor company, celebrating 10 years of power innovation founded in 2014. GaNFast™ power ICs integrate gallium nitride (GaN) power and drive, with control, sensing, and protection to enable faster charging, higher power density, and greater energy savings. Complementary GeneSiC™ power devices are optimized high-power, high-voltage, and high-reliability silicon carbide (SiC) solutions. Focus markets include EV, solar, energy storage, home appliance / industrial, data center, mobile, and consumer. Over 250 Navitas patents are issued or pending, with the industry’s first and only 20-year GaNFast warranty. Navitas is the world’s first semiconductor company to be CarbonNeutral®-certified.

Navitas Semiconductor, GaNFast, GeneSiC, and the Navitas logo are trademarks or registered trademarks of Navitas Semiconductor Limited and affiliates. All other brands, product names, and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

Contact Information:
Stephen Oliver, VP Investor Relations
ir@navitassemi.com

Llew Vaughan-Edmunds, Sr Director, Corporate Marketing & Product Management
info@navitassemi.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/83e0568e-2347-4be7-a778-5b2af45cd0d0


FAQ

What new products are Lenovo and Navitas launching with GaN technology?

Lenovo and Navitas are launching the Xiaoxin 105 W and Legion C170 W GaN chargers.

When was the collaboration between Lenovo and Navitas for GaN chargers announced?

The collaboration for the new GaN chargers was announced on June 20, 2024.

How much lighter is the Xiaoxin 105 W charger compared to typical adapters?

The Xiaoxin 105 W charger is 41% lighter than a typical 100 W computer adapter.

What are the power specifications of the Legion C170 W charger?

The Legion C170 W charger delivers 170 W of power and is 78% lighter than previous models.

How do Navitas' GaNFast power ICs contribute to sustainability?

Navitas' GaNFast power ICs enable smaller, lighter chargers that reduce carbon emissions through increased efficiency and reduced power loss.

What certification has Navitas achieved related to sustainability?

Navitas is the world's first power semiconductor company to achieve CarbonNeutral® certification.

Navitas Semiconductor Corporation

NASDAQ:NVTS

NVTS Rankings

NVTS Latest News

NVTS Stock Data

335.30M
186.80M
25.78%
45.05%
16.95%
Semiconductors
Semiconductors & Related Devices
Link
United States of America
TORRANCE