Power Integrations Inc - POWI STOCK NEWS

Power Integrations (NASDAQ: POwi) has launched the HiperPFS-5 family of power-factor-correction ICs, featuring an integrated 750 V PowiGaN gallium-nitride switch. These ICs achieve efficiency rates up to 98.3% and can handle up to 240 W without a heat sink. They offer a power factor exceeding 0.98, making them suitable for high-power USB PD adapters, TVs, and appliances. Notable features include low no-load power consumption of 38 mW and robustness in unstable voltage conditions, capable of operating at 460 VAC during line swells.

Power Integrations (NASDAQ: POwi) announced the launch of its new HiperLCS™-2 chipset, achieving 250 W output with over 98% efficiency and no external heatsink. This innovative dual-chip solution significantly reduces component count by 40% compared to traditional designs, making it easier to manufacture compact power supplies for various applications such as TVs and game consoles. With a no-load power consumption of less than 50 mW and high performance across a wide operating range, the HiperLCS-2 is positioned to meet stringent efficiency regulations.

Power Integrations (NASDAQ: POwi) announced that CEO Balu Balakrishnan and CFO Sandeep Nayyar will participate in a fireside chat at the Susquehanna Technology Conference on March 4 at 10:40 a.m. Eastern time. The event will be accessible via a live webcast on the company's investor relations page. Power Integrations is known for its semiconductor technologies that play a crucial role in renewable energy generation and efficient power transmission for a range of applications.

Power Integrations has expanded its InnoSwitch3 family by introducing two new AEC-Q100 qualified, 1700-volt ICs, designed for electric vehicles and industrial applications. These ICs, the first to use a silicon carbide (SiC) primary switching MOSFET, deliver up to 70 watts of output power. They significantly reduce component count by up to 50%, enhancing efficiency and system reliability. Aimed at 600- and 800-volt battery applications, these devices provide over 90% efficiency and low power consumption, making them suitable for both automotive and industrial markets.

Power Integrations (Nasdaq: POWI) reported a 15% increase in quarterly revenues to $172.7 million year-over-year, with GAAP earnings of $0.66 per diluted share. Full-year revenues grew 44% to $703.3 million, while GAAP earnings reached $2.67 per diluted share. Operational cash flow for the year was $230.9 million. The company announced a 20% dividend increase to $0.18 per share and a new $100 million share repurchase authorization. A revenue forecast for Q1 2022 is set at $180 million, with operating expenses estimated between $48.5 million and $49.5 million.

Power Integrations has expanded its InnoSwitch3 family with two new AEC-Q100 qualified, 1700-volt rated integrated circuits (ICs), designed for high-performance electric vehicles (EVs) and industrial applications. These ICs, featuring silicon carbide (SiC) technology, deliver up to 70 watts of output power and significantly reduce component count, enhancing efficiency and reliability. The InnoSwitch3-AQ devices will cater to 600- and 800-volt systems in electric buses and trucks, while their compact design optimizes space and reduces sourcing challenges for manufacturers.

Power Integrations (NASDAQ: POWI) will announce its fourth-quarter financial results on February 3, 2022, post-market. The company will host a conference call at 1:30 p.m. Pacific time the same day. Interested participants can register via a specific link provided in the announcement. Live and archived audio of the conference call will be available on the company's investor relations website.

Power Integrations (NASDAQ: POwI) has launched the InnoSwitch™3-TN, an off-line CV/CC flyback switcher IC designed for high-output-current applications, offering efficiency levels up to 90% compared to traditional buck regulators at less than 60%. This new product integrates a 725 V primary MOSFET and supports designs for various auxiliary power supply solutions up to 21 W. With features like synchronous rectification, low no-load consumption below 5 mW, and a small MinSOP™-16A package, the InnoSwitch3-TN aims to simplify designs and improve energy efficiency in appliances.

Power Integrations (NASDAQ:POWI) will participate in the Wells Fargo TMT Summit, with CEO Balu Balakrishnan and CFO Sandeep Nayyar in an online fireside chat on December 1 at 9:40 a.m. Pacific time. Investors can access a live webcast from the company's investor page. Power Integrations is a key innovator in semiconductor technologies, focusing on high-voltage power conversion essential for renewable energy solutions.