Accelerates Wide Bandgap Product Offering and
Introduces 15 New GaN-Based Winning Combination Reference
Designs
Renesas Electronics Corporation (“Renesas” TSE:6723), a premier
supplier of advanced semiconductor solutions, today announced that
it has completed the acquisition of Transphorm, Inc. (“Transphorm”
Nasdaq: TGAN), a global leader in gallium nitride (GaN) power
semiconductors, as of June 20, 2024. With the closing of the
acquisition now completed, Renesas will immediately start offering
GaN-based power products and related reference designs to meet the
rising demand for wide bandgap (WBG) semiconductor products.
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WBG materials such as GaN and silicon carbide (SiC) are
considered key technologies for next-generation power
semiconductors due to their superior power efficiency, higher
switching frequencies and small footprints compared to conventional
silicon-based devices. Both GaN and SiC-based products are expected
to grow rapidly over the next decade, driven by demand from
electric vehicles (EVs), inverters, data center servers, artificial
intelligence (AI), renewable energy, industrial power conversion,
consumer applications and others.
“Customers instantly benefit from the new GaN products through
turnkey reference designs, which integrate technologies from both
companies,” said Chris Allexandre, Senior Vice President and
General Manager of Power at Renesas. “Adding GaN into our
portfolio also reinforces our commitment to develop products and
technology that make people’s lives easier. Providing robust and
sustainable power solutions that save energy, reduce cost and
minimize environmental impacts does just that.”
Investing in the power business is an important part of Renesas’
strategy for achieving sustainable, long-term growth. Other recent
moves that Renesas has made to bolster this market segment include:
the opening of the Kofu Factory, a dedicated 300-mm wafer fab for
power products; ramping up a new SiC production line at the
Takasaki Factory; and forging an agreement with Wolfspeed to secure
a steady supply of SiC wafers over the next 10 years. With GaN
technology now part of Renesas’ portfolio, Renesas is poised to
offer more comprehensive power solutions to support the evolving
needs of customers across a broad range of applications.
On the same day that it completed the acquisition of Transphorm,
Renesas rolled out 15 new Winning Combinations, market-ready
reference designs that combine the new GaN products with Renesas’
embedded processing, power, connectivity and analog portfolios.
These include the designs of Transphorm’s automotive-grade GaN
technology integrated for on-board battery chargers as well as
3-in-1 powertrain solutions for EVs.
Some examples are:
- 500W Onboard Battery Charger for 2-Wheeler EV
- 3-in-1 EV Unit: Inverter, Onboard Charger, DC/DC
Converter
- 240W 48V Extended Power Range AC/DC Adapter
- 3.6KW Bi-directional Digital Power DAB System
Founded in 2007 in Goleta, California, Transphorm, with roots
from the University of California at Santa Barbara and the Wide
Bandgap industry, is built on a foundation of unique technology
entrepreneurship. Transphorm, a leading innovator in GaN
semiconductors designs, manufactures and sells high-performance and
high-reliability GaN power products for a broad spectrum of
high-voltage power conversion applications.
Get Powered by Renesas
Driven by innovation, quality and reliability, Renesas leads the
way in power electronics, shipping more than four billion parts per
year from our portfolio of power management ICs, discrete and
wide-bandgap products, computing power devices and many more. These
products span all major segments including automotive, IoT,
infrastructure and industrial applications. Our power portfolio
seamlessly attaches to our leading MCU, MPU, SoC and analog
solutions, simplifying and accelerating the design process with
hundreds of engineering-vetted Winning Combinations and innovative
tools such as PowerCompass™ and PowerNavigator™ design software.
Find out more at www.renesas.com/power.
About Renesas Electronics Corporation
Renesas Electronics Corporation (TSE: 6723) empowers a safer,
smarter and more sustainable future where technology helps make our
lives easier. A leading global provider of microcontrollers,
Renesas combines our expertise in embedded processing, analog,
power and connectivity to deliver complete semiconductor solutions.
These Winning Combinations accelerate time to market for
automotive, industrial, infrastructure and IoT applications,
enabling billions of connected, intelligent devices that enhance
the way people work and live. Learn more at renesas.com. Follow us
on LinkedIn, Facebook, X, YouTube, and Instagram.
Cautionary note regarding forward-looking statements
This announcement may contain certain statements that are, or
may be deemed to be, forward-looking statements with respect to the
financial condition, results of operations and business of Renesas
and/or Transphorm and/or the combined group following completion of
the Acquisition and certain plans and objectives of Renesas with
respect thereto. These forward-looking statements can be identified
by the fact that they do not relate to historical or current facts.
Forward-looking statements also often use words such as
“anticipate,” “target,” “continue,” “estimate,” “expect,”
‘‘forecast,” “intend,” “may,” “plan,” “goal,” “believe,” “hope,”
“aims,” “continue,” “could,” “project,” “should,” “will” or other
words of similar meaning. These statements are based on assumptions
and assessments made by Renesas and/or Transphorm (as applicable)
in light of their experience and perception of historical trends,
current conditions, future developments and other factors they
believe appropriate. By their nature, forward-looking statements
involve risk and uncertainty, because they relate to events and
depend on circumstances that will occur in the future and the
factors described in the context of such forward-looking statements
in this announcement could cause actual results and developments to
differ materially from those expressed in or implied by such
forward-looking statements. Although it is believed that the
expectations reflected in such forward-looking statements are
reasonable, no assurance can be given that such expectations will
prove to be correct and you are therefore cautioned not to place
undue reliance on these forward-looking statements which speak only
as at the date of this announcement.
Forward-looking statements are not guarantees of future
performance. Such forward-looking statements involve known and
unknown risks and uncertainties that could significantly affect
expected results and are based on certain key assumptions. Many
factors could cause actual results to differ materially from those
projected or implied in any forward-looking statements. Due to such
uncertainties and risks, readers are cautioned not to place undue
reliance on such forward-looking statements, which speak only as of
the date of this announcement. Neither Renesas nor Transphorm
undertakes any obligation to update or revise any forward-looking
statement as a result of new information, future events or
otherwise, except as required by applicable law.
There are several factors which could cause actual results to
differ materially from those expressed or implied in
forward-looking statements. Among the factors that could cause
actual results to differ materially from those described in the
forward-looking statements are changes in the global, political,
economic, business and competitive environments, market and
regulatory forces, future exchange and interest rates, changes in
tax rates and future business combinations or dispositions. If any
one or more of these risks or uncertainties materializes or if any
one or more of the assumptions prove incorrect, actual results may
differ materially from those expected, estimated or projected. Such
forward looking statements should therefore be construed in the
light of such factors.
No member of the Renesas group or Transphorm nor any of their
respective associates, directors, officers, employers or advisers,
provides any representation, assurance or guarantee that the
occurrence of the events expressed or implied in any
forward-looking statements in this announcement will actually
occur.
Except as expressly provided in this announcement, no
forward-looking or other statements have been reviewed by the
auditors of the Renesas group or Transphorm. All subsequent oral or
written forward-looking statements attributable to any member of
the Renesas group or Transphorm, or any of their respective
associates, directors, officers, employers or advisers, are
expressly qualified in their entirety by the cautionary statement
above.
(Remarks) All names of products or services mentioned in this
press release are trademarks or registered trademarks of their
respective owners.
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version on businesswire.com: https://www.businesswire.com/news/home/20240620083320/en/
Media: Americas Akiko Ishiyama Renesas Electronics +
1-408-887-9006 akiko.ishiyama.xf@renesas.com
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