RIR Power Electronics expands SiC diode production in partnership with Taiwan's Pro Asia Semiconductor
The new product line includes 1200V Schottky Barrier Diodes (SBDs) ranging from 2 amps to 60 amps. These diodes have been manufactured at PASC's facility and successfully shipped to India. RIR has already secured purchase orders from Richardson Electronics (USA) and Ankit Plastics (India), underlining global demand for SiC devices in commercial, industrial, and defence applications.
This manufacturing initiative leverages the SiC technology acquired by RIR Power from Sicamore Semi (USA) in October 2024. Originally designed for 4-inch wafers, the technology has been scaled to 6-inch wafers with support from Vortex Semi (USA) and PASC, Taiwan.
Dr. Harshad Mehta, Chairman & Director of RIR Power, said, 'This achievement strengthens RIR's capability to serve global high-growth sectors including automotive, industrial, renewable energy, and defence.'
The company also plans to commence production from its upcoming ₹618 crore SiC semiconductor facility in Odisha. The strategic expansion is expected to generate employment and enhance India's self-reliance in critical electronics manufacturing.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
9 hours ago
- Yahoo
Wolfspeed Is Skyrocketing Today -- Is the Stock a Buy Right Now?
Wolfspeed stock has roughly doubled after the company announced its next chief financial officer. Gregor van Issum will become Wolfspeed's CFO on Sept. 1 and will be guiding the company's financial restructuring. Some investors are betting that Wolfspeed will be able to navigate bankruptcy in a way that works out for current shareholders. 10 stocks we like better than Wolfspeed › Wolfspeed (NYSE: WOLF) stock is seeing massive gains in Monday's trading. The company's share price is up 96.6% as of 1 p.m. ET despite the S&P 500 and Nasdaq Composite indexes being down 1% and 0.9%, respectively, at the same point. Before the market opened this morning, the silicon-carbide specialist announced that it had named Gregor van Issum as its next chief financial officer. The news prompted the stock to rocket higher, and it was up as much as 122.2% before 1 p.m. Van Issum will be succeeding interim CFO Kevin Speirits and will step into the position on Sept. 1, at which point he'll be helping to lead the company's bankruptcy and financial restructuring proceedings. Wolfspeed stock tanked in May after it was reported that the company was preparing bankruptcy filings, and the business later confirmed it had filed petitions for reorganization under the Chapter 11 provision -- but shares have now seen a substantial rebound. Van Issum will bring more than two decades of experience in corporate restructuring and strategic financing to the CFO role at Wolfspeed, and today, investors are showing some hope that he'll be able to guide a financial transition that will work out for current shareholders. On the other hand, Wolfspeed has a high level of debt, and current shareholders could still get wiped out as the new company issues shares to reset the balance sheet. While the stock could bound significantly above current levels, there's also a high risk of investors losing a lot of their money. Before you buy stock in Wolfspeed, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Wolfspeed wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $699,558!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $976,677!* Now, it's worth noting Stock Advisor's total average return is 1,060% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of July 7, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Wolfspeed. The Motley Fool has a disclosure policy. Wolfspeed Is Skyrocketing Today -- Is the Stock a Buy Right Now? was originally published by The Motley Fool
Yahoo
3 days ago
- Yahoo
Here's Why Aehr Test Systems Surged in June (Hint: It's AI related)
Aehr Test Systems is not a one-trick pony, and the company is impressively diversifying its revenue streams. The market is speculating that its new customers could prove lucrative and lasting. 10 stocks we like better than Aehr Test Systems › Aehr Test Systems (NASDAQ: AEHR) stock rose by 35.5% in June, according to data provided by S&P Global Market Intelligence. The move comes as positive developments in the end markets that Aehr is targeting helped support the idea that the company can diversify its revenue streams and improve its growth in the process. The company is best known for its test and burn-in equipment for the silicon carbide (SiC) wafer-level burn-in (WLBI) market. As management notes, this end market contributed 90% of Aehr's revenue in 2024. Unfortunately, at least from a near-term perspective, the key driver for Aehr's SiC WLBI solutions is the electric vehicle (EV) market and its associated charging infrastructure. Aehr's key customers in this market, which include ON Semiconductor, have come under pressure due to the ongoing relatively high interest rate negatively impacting EV sales. For reference, and by way of example, Wall Street analysts expect ON Semiconductor's sales to decline by 16.5% in 2025. Consequently, Aehr needs to develop other markets to help offset weakness in its core SiC WLBI market. And the good news is it's not only doing that, but those markets are also in growth mode. The progress was noted in the third-quarter earnings presentation in April with CEO Gayn Erickson outlining that SiC WLBI revenue is now tracking to "less than 40%, with artificial intelligence (AI) processors burn-in representing over 35% of our business in just the first year." Furthermore, in the third quarter, Aehr had four customers accounting for 10% of its revenue, with three of them coming from new markets for Aehr: WLBI for AI processors Packaged part burn-in (PPBI) "for qualification and ongoing process monitoring of AI processors" "WLBI of gallium nitride (GaN) semiconductors" Fast forward to June, and the positive momentum in AI and GaN WLBI spending has continued with Nvidia's well-received earnings report coming at the end of May. Moreover, Nvidia is working on developing a data center architecture for the next generation of data centers, starting in 2027, and has named GaN semiconductor company Navitas Semiconductor as a partner. As such, the market is speculating that Navitas could be a potential customer of Aehr Test Systems. The growth of alternative revenue streams is a significant plus for Aehr's investment case, and demand for SiC WLBI is likely to improve over time as EV investment is expected to increase. All told, the company's revenue and earnings remain highly cyclical, but its new end markets are helping to reduce its heavy reliance on EV spending, which has benefited the stock in June. Before you buy stock in Aehr Test Systems, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Aehr Test Systems wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $699,558!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $976,677!* Now, it's worth noting Stock Advisor's total average return is 1,060% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 30, 2025 Lee Samaha has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy. Here's Why Aehr Test Systems Surged in June (Hint: It's AI related) was originally published by The Motley Fool
Business Upturn
6 days ago
- Business Upturn
Navitas Announces Plans for 200mm GaN Production with PSMC
Next-phase strategy expected to strengthen supply chain, drive innovation, and improve cost efficiency—supporting GaN's ramp into AI data centers, EVs, solar, and home appliances. TORRANCE, Calif., July 01, 2025 (GLOBE NEWSWIRE) — Navitas Semiconductor (Nasdaq: NVTS), the industry leader in next-generation GaNFast™ gallium nitride (GaN) and GeneSiC™ silicon carbide (SiC) power semiconductors, today announced a strategic partnership with Powerchip Semiconductor Manufacturing Corporation (PSMC or Powerchip), to start production and continue development of best-in-class 200mm GaN-on-silicon technology. Navitas' GaN IC portfolio is expected to use Powerchip's 200mm in Fab 8B, located in Zhunan Science Park, Taiwan. The fab has been operational since 2019 and supports various high-volume manufacturing processes for GaN, ranging from micro-LEDs to RF GaN devices. Powerchip's capabilities include an improved 180nm CMOS process, offering smaller and more advanced geometries, which bring improvements in performance, power efficiency, integration, and cost. '200mm GaN-on-silicon production on a 180nm process node enables us to continue innovating higher power density, faster, and more efficient devices while simultaneously improving cost, scale, and manufacturing yields', said Dr. Sid Sundaresan, SVP of WBG Technology Platforms at Navitas. Powerchip is expected to manufacture Navitas' GaN portfolio with voltage ratings from 100V to 650V, supporting the growing demand for GaN for 48V infrastructure, including hyper-scale AI data centers and EVs. Qualification of initial devices is expected in Q4 2025. The 100V family is expected to start production first at Powerchip in 1H26, while the company expects 650V devices will transition from Navitas' existing supplier, TSMC, to Powerchip over the next 12-24 months. Navitas recently made several announcements in the AI data center, EV, and solar markets, including its collaboration with NVIDIA to support GaN and SiC technologies for 800V HVDC architectures for 1 MW IT racks and beyond. Enphase announced that its next-generation IQ9 would include Navitas' 650 V bi-directional GaNFast ICs, and Changan Automobile announced its first commercial GaN-based OBC (on-board charger) using Navitas' GaNSafe technology. 'We are proud to partner with Powerchip to advance high-volume 200 mm GaN-on-silicon production and look forward to driving continued innovation together in the years ahead', said Gene Sheridan, CEO and co-founder of Navitas. 'Through our partnership with Powerchip, we are well-positioned to drive sustained progress in product performance, technological evolution, and cost efficiency.' 'Powerchip has collaborated with Navitas on GaN-on-Si technology for years, and we're thrilled to announce that product qualification is nearly complete – bringing us to the verge of mass production', said Martin Chu, President at Powerchip. 'Building on this strong partnership, Powerchip is committed to expanding our cooperation and continuously supporting Navitas in exploring and growing the GaN market.' About Powerchip Semiconductor Manufacturing Corporation Powerchip Semiconductor Manufacturing Corporation (PSMC) is a Taiwanese semiconductor foundry that develops, manufactures, and distributes advanced memory components and other integrated circuits. Founded in 1994, PSMC operates multiple 12-inch and 8-inch wafer fabs, offering foundry services, design, manufacturing, and testing services. They are recognized for their expertise in developing and manufacturing a range of semiconductor products, including power integrated circuits, discrete components, and image sensors. About Navitas Navitas Semiconductor (Nasdaq: NVTS) is the only pure-play, next-generation power-semiconductor company, celebrating 10 years of power innovation, founded in 2014. GaNFast™ power ICs integrate gallium nitride (GaN) power and drive, with control, sensing, and protection to enable faster charging, higher power density, and greater energy savings. Complementary GeneSiC™ power devices are optimized high-power, high-voltage, and high-reliability silicon carbide (SiC) solutions. Focus markets include AI data centers, EV, solar, energy storage, home appliance / industrial, mobile, and consumer. Over 300 Navitas patents are issued or pending, with the industry's first and only 20-year GaNFast warranty. Navitas was the world's first semiconductor company to be CarbonNeutral®-certified. Navitas Semiconductor, GaNFast, GaNSense, GeneSiC, and the Navitas logo are trademarks or registered trademarks of Navitas Semiconductor Limited and affiliates. All other brands, product names, and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners. Forward-Looking Statements Statements and information in this press release that are not historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and are made pursuant to the 'safe harbor' provisions of such Act. Forward-looking statements may be identified by the use of words such as 'we expect' or 'are expected to be,' 'estimate,' 'plan,' 'project,' 'forecast,' 'intend,' 'anticipate,' 'believe,' 'seek,' or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions and expectations. The risks, uncertainties, assumptions and other factors that could cause actual events or results to differ from the events or results predicted or implied by our forward-looking statement include those risk factors discussed in our filings with the SEC, including those disclosed under the caption 'Risk Factors' in our annual report on Form 10-K for the year ended December 31, 2024, our quarterly report on Form 10-Q for the quarter ended March 31, 2025 and subsequent quarterly reports. Navitas may elect to update these forward-looking statements at some point in the future, but specifically disclaims any obligation to do so. Contact InformationLlew Vaughan-Edmunds, Sr Director, Product Management & Marketing [email protected]
