Power Integrations invests in SiC technology
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Power Integrations has made a $30million 'commitment' to SiC semiconductor specialist SemiSouth. The move includes an investment in the company, along with a technology license and other financial commitments. Under the new arrangement, the two companies will drive adoption of SemiSouth's SiC technology.
"SemiSouth has made impressive breakthroughs in the development of SiC technology, attaining exceptionally high levels of efficiency and establishing SiC as an enabler of clean technologies, such as solar energy and hybrid/electric vehicles," said Balu Balakrishnan, pictured, Power Integrations' president and ceo. "With a mutual focus on energy efficient high-voltage semiconductor technology, Power Integrations and SemiSouth are natural strategic partners."
SemiSouth's products, which include 1200V and 1700V transistors, as high voltage diodes and power modules, enable efficient power conversion and power management in applications ranging from 3kW to 100kW.
Kenney Roberts, SemiSouth's president and ceo, said: "In response to unprecedented global demand for our products, we needed to find the right investor willing to share our vision of expansion. We welcome Power Integrations' investment to allow us to quickly expand and serve our customers on a much broader scale."
