Welcome to our dedicated page for Power Integrations news (Ticker: POWI), a resource for investors and traders seeking the latest updates and insights on Power Integrations stock.
Power Integrations Inc. (POWI) is a leading Silicon Valley-based supplier specializing in high-performance electronic components integral to high-voltage power-conversion systems. Founded in 1998, the company designs, develops, and markets analog and mixed-signal integrated circuits (ICs) and other essential electronic components. These products are pivotal in transforming electrical energy from high-voltage sources to the specific types of power required by various downstream devices.
Power Integrations' components are renowned for their application in an extensive array of electronic products, including mobile devices, TVs, personal computers, appliances, smart utility meters, and LED lights. Additionally, their SCALE™ IGBT drivers significantly enhance the efficiency, reliability, and cost-effectiveness of high-power applications such as industrial motor drives, solar and wind energy systems, electric vehicles, and high-voltage DC transmission.
One of the company's standout innovations is the EcoSmart® energy-efficiency technology. Since its debut, this technology has been instrumental in preventing billions of dollars' worth of energy waste and millions of tons of carbon emissions. Reflecting the environmental benefits of their products, Power Integrations' stock is proudly included in clean-technology stock indices sponsored by CleanTech Group LLC and Clean Edge.
Geographically, the firm generates the majority of its revenue from China and Hong Kong, emphasizing its global footprint and the extensive reach of its cutting-edge products. Power Integrations continues to drive advancements in energy efficiency and power conversion, solidifying its position as a key player in the electronics industry.
For the latest updates and developments regarding Power Integrations, visit our news section to stay informed about the company's performance, new projects, and other relevant information.
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.
Power Integrations has announced the release of DER-937, a reference design for a 100W USB Power Delivery charger, highlighting a remarkably low component count of just 117. This new design utilizes the InnoSwitch3-PD and HiperPFS-4 ICs, achieving efficiency levels exceeding 93%, with less than 40 mW no-load power at 230 VAC. This innovative approach not only simplifies the design process but also reduces manufacturing costs and space requirements. The DER-937 report includes comprehensive specifications and is available for download on the Power Integrations website.
Power Integrations (Nasdaq: POWI) reported a 46% year-over-year revenue increase to $176.8 million for Q3 2021, although revenues decreased by 2% from the prior quarter. GAAP earnings rose to $0.69 per diluted share, while non-GAAP earnings were $0.84 per diluted share. The company announced a quarterly dividend of $0.15 per share and increased its share repurchase authorization by $50 million. With a strong cash flow of $58.7 million, the company is projected to maintain stable gross margins in the upcoming quarter.
Power Integrations (POWI) is set to release its third-quarter financial results on October 28, 2021, after market hours. A conference call will follow at 1:30 p.m. Pacific time. Investors can register for the call online and access live and archived audio webcasts on the company's website. Power Integrations specializes in semiconductor technologies that facilitate high-voltage power conversion, playing a critical role in promoting renewable energy and efficient power management across various applications.
Power Integrations has introduced the InnoSwitch3-PD family of integrated circuits, designed for USB Type-C and Power Delivery applications. This new solution combines USB PD, PPS, PowiGaN, and FluxLink technology to optimize efficiency while reducing the component count in adapters and chargers. The InnoSwitch3-PD ICs promise significant improvements in power density, lower heat generation, and simplified design processes, targeting compact energy-efficient chargers for various devices. Priced from $1.30 per unit, these ICs are ideal for high-volume manufacturers.
Power Integrations (NASDAQ: POWI) has launched the SCALE-iFlex™ LT plug-and-play gate driver, designed for high-voltage inverter applications. This new driver enhances the performance of EconoDUAL modules by 20%, allowing users to reduce the number of required modules by one in six, leading to cost savings and simplified control systems. The driver is particularly suitable for offshore wind turbines and improves efficiency by reducing switching losses.
Power Integrations has launched its new SCALE-iFlex™ Single gate-drivers designed for the latest IGBT power modules capable of handling voltages up to 3.3 kV. These advanced drivers, ideal for applications in light-rail and renewable energy, are now available for design-in. Utilizing the innovative SCALE-2™ ASIC technology, they offer significant enhancements in efficiency and reliability. Rated for 20 A peak output current at elevated temperatures, they provide crucial over-voltage protection and meet stringent railway standards.
Power Integrations (NASDAQ:POWI) announced that CEO Balu Balakrishnan and CFO Sandeep Nayyar will participate in an online fireside chat at the Deutsche Bank Technology Conference on September 9 at 3:50 p.m. Eastern time. This event can be accessed via a live webcast on the company's investor page. Power Integrations is recognized for its innovative semiconductor technologies that play a crucial role in high-voltage power-conversion, contributing significantly to the clean-power ecosystem and efficient energy applications.