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Transphorm, Inc. - TGAN STOCK NEWS

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Transphorm, Inc. (NASDAQ: TGAN) is a pioneering semiconductor company specializing in the development of gallium nitride (GaN) transistors and modules tailored for high-voltage power conversion applications. Leveraging an industry-leading intellectual property portfolio and over 300 years of combined GaN engineering expertise, Transphorm stands at the forefront of innovation in the semiconductor industry.

At its core, Transphorm is dedicated to delivering the highest performance and reliability in GaN devices. Its cutting-edge products aim to revolutionize power conversion, moving beyond the limitations of traditional silicon-based systems to substantially reduce energy losses—up to 90% compared to existing solutions. The company’s vertically integrated business model encompasses every stage of development, from design and fabrication to application support. This comprehensive approach ensures unmatched innovation and quality control.

Transphorm's portfolio includes JEDEC and AEC-Q101-qualified GaN FETs, recognized for their exceptional reliability and performance. The company boasts the industry's only fully-qualified 650V GaN devices, rigorously tested beyond standard JEDEC requirements to ensure long-term reliability. This commitment to quality has positioned Transphorm as a trusted partner for a growing customer base seeking best-in-class, application-driven design support.

Recent achievements highlight Transphorm's role as a market leader in GaN technology. The company continues to expand its product offerings and forge strategic partnerships, further solidifying its position in the semiconductor landscape. With a focus on reducing energy consumption and driving technological advancements, Transphorm is poised to make significant contributions to various industries, from consumer electronics to automotive and industrial sectors.

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Renesas Electronics has completed its acquisition of Transphorm, a leader in gallium nitride (GaN) power semiconductors, as of June 20, 2024. This acquisition allows Renesas to immediately offer GaN-based power products and reference designs to meet the rising demand for wide bandgap (WBG) semiconductor products. GaN and silicon carbide (SiC) are key for next-gen power semiconductors, with growing applications in EVs, data centers, AI, renewable energy, and more.

Renesas also launched 15 new reference designs, integrating both companies' technologies, focusing on EVs, industrial power conversion, and other sectors. These include solutions like a 500W onboard battery charger for 2-wheeler EVs and a 3-in-1 EV unit combining inverter, charger, and DC/DC converter.

The acquisition aligns with Renesas' strategy for sustainable long-term growth, complementing other initiatives like opening new facilities for power products and securing SiC wafer supplies.

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Transphorm (Nasdaq: TGAN), a leader in GaN power semiconductors, has introduced a 300 W DC-to-DC GaN reference design for electric vehicle battery chargers. The design features TP65H150G4PS 150 mOhm SuperGaN® FETs, showcasing bidirectional power capabilities for e-mobility applications. This allows power to flow both from AC to DC and DC to AC, enhancing energy efficiency. The design supports V2X infrastructure, including V2L, V2H, and V2G, with a market size projected to reach up to $70 billion by 2030. Specifications include a peak efficiency of 97.3% and natural convection cooling. The reference design is suitable for high power density applications, such as DC-to-DC power stages in energy harvesting and vehicle battery chargers.

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Transphorm (Nasdaq: TGAN) will showcase its SuperGaN platform at PCIM 2024, emphasizing its superior performance over Silicon Carbide (SiC) in high-power systems. The SuperGaN platform delivers lower losses and higher electron mobility, making it ideal for electric vehicles, datacenters, AI, and industrial applications. Transphorm's GaN products support a wide power range, from 45W adapters to 7.5kW PSUs, and are used in groundbreaking customer products. The company estimates a GaN total addressable market of $8 billion by 2028. Notable innovations include a 5-microsecond short-circuit withstand time, a bidirectional switch, and a 1200V GaN-on-Sapphire device. Transphorm's vertical integration and reliability make it a leader in the GaN power semiconductor industry.

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Transphorm and Weltrend Semiconductor have collaborated to release new integrated GaN System-in-Packages, expanding power level support for a wider range of next-generation adapters and chargers. The new devices establish the first SiP product family based on Transphorm's SuperGaN platform, offering innovative features for high-quality power supplies. End product manufacturers can now design adapters with reduced BOM, fast charging, and higher power outputs, while also creating 'one-size-fits-all' chargers with multiple ports in a smaller, lighter form factor. The SuperGaN platform provides best-in-class robustness and reliability, increasing power density by 50% over silicon. Weltrend's SiP designs harness these advantages to create plug-and-play solutions that speed up design processes and reduce form factor size.
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Transphorm, Inc. (NASDAQ: TGAN) reported total revenue of $4.7 million for Q3 Fiscal 2024, an increase of 4.0% over the same quarter last year. The company entered into an agreement to be acquired by Renesas Electronics Corporation for approximately $339 million. Despite a decrease in product revenue, Transphorm showcased growth in government revenue. The company raised $3.0 million through warrants and $2.1 million of short-term debt. Transphorm continues its leadership in GaN technology, introducing new high power and low power devices to penetrate various markets.
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Transphorm, Inc. (Nasdaq: TGAN) is showcasing its expanding GaN device portfolio and advancements at APEC 2024, highlighting the industry's first 1200 V GaN-on-Sapphire device model and leading short circuit robustness. The company's versatile SuperGaN device portfolio, including innovative packages, will be featured, along with demonstrations of groundbreaking power systems such as electric vehicle systems. Transphorm's technology is designed to outperform competitive options, offering superior GaN solutions across a wide power spectrum, from 45 W to 10+ kW, and across various power applications.
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Transphorm, Inc. announces the availability of two new SuperGaN® devices in a 4-lead TO-247 package, offering 35 mOhm and 50 mOhm on resistance respectively. The new products will run on Transphorm’s GaN-on-Silicon substrate manufacturing process, suitable for high volume manufacturing on silicon production lines. The 50 mOhm TP65H050G4YS FET is currently available while the 35 mOhm TP65H035G4YS FET is sampling and slated for release in Q1’2024. These devices can serve as an original design-in option or as a drop-in replacement for 4-lead silicon and SiC solutions supporting power supplies at 1 kilowatt and up in data center, renewables, and broad industrial applications.
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Transphorm, Inc. (Nasdaq: TGAN) announced that its President, Co-founder, and CEO, Primit Parikh, Ph.D., and Chief Financial Officer, Cameron McAulay, will provide a business update and company presentation at the 26th Annual Needham Growth Conference. The event will take place virtually on January 19th, 2024, at 3:45 p.m Eastern Time. A live webcast of the presentation will be available on the Company’s investor site at ir.transphormusa.com. The management team will also be available for one-on-one meetings.
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Renesas Electronics Corporation (6723) to acquire Transphorm, Inc. (TGAN) for $339 million, aiming to expand its WBG portfolio with Transphorm's expertise in GaN technology, enabling higher switching frequency, lower power losses, and smaller form factors, to cater to fast-growing markets such as EVs, data centers, AI, renewable energy, and industrial power conversion.
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Transphorm, Inc. (Nasdaq: TGAN) and Weltrend Semiconductor Inc. (TWSE: 2436) announced the availability of a 100 watt USB-C PD Power Adapter Reference Design using the SuperGaN SiP technology. The design achieved 92.7% efficiency in a Quasi-Resonant Flyback topology, demonstrating the versatility and robustness of GaN. The SuperGaN SiP allows for economies of scale and a lower cost implementation for 100-watt designs compared to the competition. It integrates Weltrend’s WT7162RHSG08 quasi-resonant/multi-mode flyback PWM controller with Transphorm’s 240 milliohm, 650-volt SuperGaN® FET, offering a peak efficiency of 92.7% and increased power density with better thermal management for long-term reliability.
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FAQ

What is the current stock price of Transphorm (TGAN)?

The current stock price of Transphorm (TGAN) is $5.1 as of June 20, 2024.

What is the market cap of Transphorm (TGAN)?

The market cap of Transphorm (TGAN) is approximately 323.1M.

What does Transphorm, Inc. specialize in?

Transphorm, Inc. specializes in the development of gallium nitride (GaN) transistors and modules for high-voltage power conversion applications.

What makes Transphorm’s GaN devices unique?

Transphorm’s GaN devices are known for their high performance and reliability, offering up to 90% reduction in energy losses compared to traditional silicon-based systems.

What qualifications do Transphorm’s products have?

Transphorm's products include JEDEC and AEC-Q101-qualified GaN FETs, ensuring they meet rigorous industry standards for reliability and performance.

How does Transphorm ensure quality in its products?

Transphorm ensures quality through its vertically integrated business model, encompassing design, fabrication, device, and application support stages, and rigorous testing beyond standard JEDEC requirements.

What industries benefit from Transphorm’s GaN technology?

Transphorm's GaN technology benefits various industries including consumer electronics, automotive, and industrial sectors.

What recent achievements has Transphorm made?

Transphorm has expanded its product offerings, forged strategic partnerships, and continues to lead in GaN technology innovation.

What is the significance of Transphorm’s 650V GaN devices?

Transphorm's 650V GaN devices are the only fully-qualified products in the industry, offering unmatched reliability for high-voltage power applications.

How does Transphorm contribute to energy efficiency?

Transphorm's GaN devices significantly reduce energy losses by up to 90%, contributing to more efficient power conversion systems.

Who are the key partners and customers of Transphorm?

Transphorm serves a growing customer base and collaborates with various industry leaders in consumer electronics, automotive, and industrial sectors.

Where can I find the latest news about Transphorm, Inc.?

You can find the latest news about Transphorm, Inc. on stock market websites like StockTitan, under the symbol TGAN.

Transphorm, Inc.

Nasdaq:TGAN

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TGAN Stock Data

323.12M
25.71M
20.89%
65.99%
1.47%
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