Welcome to our dedicated page for Power Integrtns news (Ticker: POWI), a resource for investors and traders seeking the latest updates and insights on Power Integrtns stock.
Power Integrations, Inc. (NASDAQ: POWI) is a semiconductor company focused on high-voltage power conversion, and its news flow reflects developments across technology, finance and leadership. Company announcements frequently highlight advances in PowiGaN™ gallium-nitride technology, including 1250 V and 1700 V devices for applications such as 800 VDC AI data centers, renewable-energy systems and electric transportation.
Visitors to this POWI news page can review press releases on product and technology updates, such as white papers detailing the performance of PowiGaN switches versus alternative devices, and the use of InnoMux2-EP and InnoSwitch3-AQ ICs in demanding power-supply designs. News items also cover reference design kits, including kits for solar-powered race cars that showcase high-efficiency auxiliary power supplies based on the company’s ICs.
Investors will find earnings releases and financial updates, where Power Integrations reports revenue, gross margin, operating expenses and non-GAAP results, along with commentary on trends in its communications, computer, consumer and industrial end markets. These releases may include information on share repurchases, dividends and financial outlooks for upcoming quarters.
The company also issues news about its leadership team and governance, such as the appointment of a new chief financial officer, the designation of an interim CFO, and the addition of executives responsible for people strategy, transformation, marketing and product strategy. Many of these leadership changes are accompanied by Form 8-K filings that provide further detail.
By following this page, readers can track how Power Integrations communicates its progress in high-voltage power-conversion technologies, adoption of GaN-based products, participation in AI data-center initiatives and organizational developments that support its strategic priorities.
Power Integrations has introduced the InnoSwitch3-PD family of integrated circuits, designed for USB Type-C and Power Delivery applications. This new solution combines USB PD, PPS, PowiGaN, and FluxLink technology to optimize efficiency while reducing the component count in adapters and chargers. The InnoSwitch3-PD ICs promise significant improvements in power density, lower heat generation, and simplified design processes, targeting compact energy-efficient chargers for various devices. Priced from $1.30 per unit, these ICs are ideal for high-volume manufacturers.
Power Integrations (NASDAQ: POWI) has launched the SCALE-iFlex™ LT plug-and-play gate driver, designed for high-voltage inverter applications. This new driver enhances the performance of EconoDUAL modules by 20%, allowing users to reduce the number of required modules by one in six, leading to cost savings and simplified control systems. The driver is particularly suitable for offshore wind turbines and improves efficiency by reducing switching losses.
Power Integrations has launched its new SCALE-iFlex™ Single gate-drivers designed for the latest IGBT power modules capable of handling voltages up to 3.3 kV. These advanced drivers, ideal for applications in light-rail and renewable energy, are now available for design-in. Utilizing the innovative SCALE-2™ ASIC technology, they offer significant enhancements in efficiency and reliability. Rated for 20 A peak output current at elevated temperatures, they provide crucial over-voltage protection and meet stringent railway standards.
Power Integrations (NASDAQ:POWI) announced that CEO Balu Balakrishnan and CFO Sandeep Nayyar will participate in an online fireside chat at the Deutsche Bank Technology Conference on September 9 at 3:50 p.m. Eastern time. This event can be accessed via a live webcast on the company's investor page. Power Integrations is recognized for its innovative semiconductor technologies that play a crucial role in high-voltage power-conversion, contributing significantly to the clean-power ecosystem and efficient energy applications.
Power Integrations (NASDAQ: POWI) reported Q2 2021 revenues of $180.1 million, a 69% increase year-over-year and 4% rise from Q1. Net income reached $41.9 million or $0.68 per diluted share, up from $0.65 in Q1 and $0.22 a year ago. Non-GAAP net income was $50.8 million, or $0.83 per diluted share. The company anticipates a 3% revenue decrease for Q3 2021, while gross margins are expected around 51%.
Power Integrations repurchased 335,000 shares for $26.4 million and declared a dividend of $0.13 per share.
Power Integrations (Nasdaq: POWI) is set to release its second-quarter financial results after market hours on Thursday, July 29, 2021. A conference call will follow at 1:30 p.m. Pacific time, where members of the investment community can register online. The company is recognized as a leader in semiconductor technologies for high-voltage power conversion, playing a crucial role in renewable energy generation and efficient power management across various applications.
Power Integrations (Nasdaq: POWI) has launched the LinkSwitch™-TNZ, an innovative power supply IC designed for energy-efficient applications. This new component integrates offline power conversion, lossless zero-cross detection, and optional X-capacitor discharge in a compact SO-8C package. The LinkSwitch-TNZ is capable of handling up to 12 W output and provides significant efficiency improvements, consuming less than 5 mW for zero-cross detection, which is beneficial for smart home devices. Each unit is priced at $0.84 for bulk orders.
Power Integrations (POWI) has unveiled its new 600 V 12 A Qspeed diode, noted for the industry's lowest reverse recovery charge (Qrr) of 14 nC at 25 °C. This diode enhances efficiency in the PFC stages of on-board chargers, reducing thermal load on PFC MOSFETs. The device is AEC-Q101 qualified and can replace more costly silicon carbide (SiC) components while maintaining high performance without the associated drawbacks. Priced at $1.17 in 10,000-piece quantities, the Qspeed diode aims to optimize automotive applications.
Power Integrations (Nasdaq: POWI) has appointed Yang Chiah Yee as vice president of worldwide sales, succeeding Ben Sutherland, who will focus on sales in Europe, India, and Southeast Asia. Mr. Yee has over three decades of experience in sales management, including significant roles at Atmel Corporation, where he managed $1.4 billion in annual revenue. Balu Balakrishnan, CEO, expressed confidence in Yee's ability to lead the sales team, highlighting his extensive industry experience and regional expertise.
Power Integrations (Nasdaq: POWI) announced participation in the Stifel Virtual Cross Sector Insight Conference on June 10 at 8:20 a.m. Pacific time. CEO Balu Balakrishnan and CFO Sandeep Nayyar will engage in an online fireside chat during the event. A live webcast will be available on the company's investor webpage, ensuring accessibility for stakeholders to gain insights into the company's performance and strategic direction.