STOCK TITAN

Navitas Highlights GaN-Industry Leadership in Ultra-Fast Mobile Charging at Fast-Growing Asia Expo

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

Navitas Semiconductor (Nasdaq: NVTS) is showcasing significant advances in gallium nitride (GaN) technology at the 2022 Asia Charging Expo in Shenzhen, China, from July 18-20. GaN technology operates 20 times faster than traditional silicon, enabling 3 times the charging power while saving 40% energy. Navitas has shipped over 50 million units with zero failures and is set to discuss its role in achieving 'Net-Zero' climate goals. The company is also recognized as CarbonNeutral® certified, emphasizing its commitment to sustainability.

Positive
  • Participation in the 2022 Asia Charging Expo highlights commitment to innovation.
  • GaN technology offers 20x faster performance than silicon, reducing size and weight.
  • Over 50 million GaN units shipped with zero reported failures.
  • Navitas contributes to climate goals, saving 4 kg of CO2 per IC shipped.
  • Recognized as CarbonNeutral® certified, reflecting strong sustainability practices.
Negative
  • None.

Navitas sponsorship spotlights next-gen semiconductor advances over legacy silicon, and expanding beyond chargers to consumer, data center, solar and EV markets

EL SEGUNDO, Calif., July 06, 2022 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS), the industry-leader in gallium nitride (GaN) power integrated circuits (ICs) has announced its participation in the forthcoming 2022 Asia Charging Expo and Global Third Generation Semiconductor Industry Summit, in Shenzhen, China, from 18th-20th July, 2022.

GaN is a next-generation power semiconductor technology running 20x faster than traditional silicon. Compared with traditional silicon chargers, gallium nitride chargers can achieve 3x the power or 3x faster charging with up to 40% energy savings in just half the size and weight of legacy silicon solutions. GaNFast™ power ICs with GaNSense™ technology integrates power, drive, control, with additional autonomous-protection and loss-less current-sensing to deliver the simplest, smallest, fastest and now even-higher-power performance. New ‘ultra-fast’ charging enables smartphone charging from 0-100% in less than 10 minutes using a small, light, ultra-portable 150 W GaN charger.

Held at the Futian Convention & Exhibition Center in Shenzhen, China from July 18th to 20th, the Asia Charging Expo is hosted by power-technology-evaluation specialist Chongdiantou, and aims to promote the close integration of the latest power technologies with low-carbon, environmentally-sustainable solutions.

Reyn (Renxiong) Zhan, Navitas’ Sr. Technical Marketing Manager will deliver a keynote presentation “Navitas: kick-starting the GaN revolution” on July 19th as part of the Expo’s Global Third Generation Semiconductor Industry Summit. The presentation will highlight how GaN makes a significant contribution to ‘Net-Zero’ climate goals as each GaNFast IC shipped saves 4 kg of CO2. Navitas was the first company to publish a sustainability report that comprehensively quantifies the positive impact of GaN power semiconductors on climate change based on global standards, and recently announced that it is the first semiconductor company worldwide to be certified as CarbonNeutral®.

Navitas is #1 in power GaN, having shipped over 50,000,000 units, with zero reported GaN field failures, and with 9 of the top 10 mobile OEMs in mass production now using Navitas ICs – including Samsung, Xiaomi, Dell, Lenovo and OPPO. The company will detail how the latest GaNFast ICs improve charging speed, size, weight and system-cost across a broad range of charger power from 20W to 240W, and highlight consumer, data-center, solar and EV solutions up to 22 kW.

The Navitas exhibition booth will feature the latest GaNFast IC solutions including the CES-Innovation-Award-winning GaNSense technology. Visitors can experience GaNFast charging in real time, and have the chance to win new fast chargers from Baseus, plus enter to win a $60,000 Tesla.

“The Asia Charging Expo is a significant event in the power industry calendar,” says Charles Zha, VP and GM of Navitas China. “This is a fantastic opportunity to showcase new technologies that support our mission to ‘Electrify our World™’ and to provide insight into the developments and application-specific solutions that will speed the adoption of next-generation, ultra-efficient, high-speed charging designs.”

About Navitas

Navitas Semiconductor (Nasdaq: NVTS) is the industry leader in gallium nitride (GaN) power ICs, founded in 2014. GaN power ICs integrate GaN power with drive, control, sensing and protection to enable faster charging, higher power density and greater energy savings for mobile, consumer, enterprise, eMobility and new energy markets. Over 150 Navitas patents are issued or pending. Over 50 million units have been shipped with zero reported GaN field failures, and Navitas introduced the industry’s first and only 20-year warranty. Navitas are the world’s first semiconductor company to be CarbonNeutral®-company certified. Navitas rang the Nasdaq opening bell and started trading on Nasdaq on October 20th, 2021.

Navitas Semiconductor, GaNFast, GaNSense, and the Navitas logo are trademarks or registered trademarks of Navitas Semiconductor. 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 Corporate Marketing & Investor Relations, Navitas Semiconductor

ir@navitassemi.com  

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/74321214-e018-48a8-b16e-8dbe1b358288


FAQ

What is Navitas Semiconductor's focus at the 2022 Asia Charging Expo?

Navitas Semiconductor is showcasing its advancements in gallium nitride (GaN) technology, highlighting its superior efficiency compared to legacy silicon.

What performance improvements does GaN technology offer compared to traditional silicon?

GaN technology operates 20x faster than silicon, achieving 3x the power with 40% energy savings.

How many units has Navitas Semiconductor shipped and what is their failure rate?

Navitas has shipped over 50 million units of GaN technology with zero reported field failures.

What is the significance of Navitas being CarbonNeutral® certified?

This certification indicates Navitas' commitment to sustainability and reducing carbon emissions in its semiconductor production.

When and where is the Asia Charging Expo taking place?

The Asia Charging Expo is scheduled for July 18-20, 2022, in Shenzhen, China.

Navitas Semiconductor Corporation

NASDAQ:NVTS

NVTS Rankings

NVTS Latest News

NVTS Stock Data

445.51M
138.64M
25.78%
42.04%
14.9%
Semiconductors
Semiconductors & Related Devices
Link
United States of America
TORRANCE