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GaN power IC firm Navitas doubles revenue in 2021
What happened
Navitas Semiconductor reported Q4 2021 revenue of $7.3M, a 30% sequential increase and 55% year-over-year growth, with full-year revenue doubling to $23.7M. This performance reflects strong market adoption and accelerating demand for GaN power semiconductors in fast-charging and energy-efficient applications. 利多: The rapid revenue growth signals robust end-market demand for GaN components, which could tighten supply and support pricing for related power semiconductors.
Impact and signal
Medium impactImpact score: 55/100
Affected components and suppliers
GaN Power ICs
Navitas Semiconductor
earningsgrowthdemand-trend
Source and time
Source: Semiconductor Today · 2/17/2022 · View original source
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