Based in Hong Hong, the subsidiary will look to support Chinese customers and help accelerate the company’s growing business in China.
In addition to serving as the company’s financial hub for regional transactions and boosting its presence generally in the Asian market, the subsidiary will enable the company to take advantage of business opportunities in China, a large and growing market for its GaN-based power electronics solutions with digital control.
“Wise-integration Ltd is our a gateway for tapping into the vast Chinese market,” said Thierry Bouchet, Wise-integration’s CEO. “As our recent announcements have shown, Asian companies are interested in partnering with Wise-integration to integrate our power-control technologies. With this Hong Kong-based subsidiary, we will focus on new opportunities in China, especially the premium consumer SMPS, light industrial, motor-control, light e-transportation and e-automotive markets.”
Launched in 2020, the fabless company has developed a portfolio of more than 10 patent families with two product lines.
WiseGan encompasses GaN power integrated circuits designed to maximise the benefits of GaN technology, including higher power density, efficiency and reduced heat generation.
WiseWare is a 32-bit, MCU-based, AC-DC digital controller optimised for GaN-based power supply architectures. It offers simplified system design, a lower bill of materials and improved power density and efficiency.
In the past two years, Wise-integration has announced partnerships with companies in South Korea and Taiwan to help bring its technologies to those markets.
The company’s product markets include consumer electronics and industrial applications like robotics, as well as data centres and electric vehicles.
Wise-integration Ltd is based in HKSTP (the Hong Kong Science and Technology Park), a centre of innovation and technology with more than 2,000 companies.
Earlier this year, Wise-integration announced a Series B financing round of €15 million.
