Transphorm’s quarterly growth dips, but product revenue still up 38% year-on-year

What happened

Transphorm reported Q2 FY2023 revenue of $3.67M, down sequentially from $5.16M but up 11% YoY on a comparable basis, with product-specific revenue surging 38% YoY. The sequential decline is attributed to the absence of a one-time $8M licensing fee from the prior-year quarter, while the core product revenue growth reflects ramping GaN shipments. 利多/利空/关注: 关注 - Strong underlying product demand (38% YoY growth) is a bullish signal for GaN adoption, but the sequential revenue drop and reliance on lump-sum licensing fees introduce uncertainty for near-term financial performance and component pricing stability.

Impact and signal

Affected components and suppliers

Source and time

Source: Semiconductor Today · 11/11/2022 · View original source