POWI Power Integrations Inc.

Power Integrations’ IC Energizes Mission-Critical Functions with Maximum Efficiency in Team aCentauri Solar Race Car

™ (NASDAQ: ), the leader in high-voltage integrated circuits for energy-efficient power conversion, is providing advanced PowiGaN™ gallium-nitride (GaN) technology, expert design support, and financial sponsorship for in the 3,000 km later this month. Power Integrations’ Mr. Green will follow Team aCentauri and the 37 other entrants across the Australian Outback as they push the boundaries of innovation in efficiency, aerodynamics, speed and range for solar-powered cars.

This press release features multimedia. View the full release here:

Power Integrations’ IC Energizes Mission-Critical Functions with Maximum Efficiency in Team aCentauri Solar Race Car (Photo: Business Wire)

Power Integrations’ IC Energizes Mission-Critical Functions with Maximum Efficiency in Team aCentauri Solar Race Car (Photo: Business Wire)

“After studying Power Integrations’ extensive list of reference designs, Team aCentauri asked us to help them design a power converter based on the 750-volt, InnoSwitch™3-EP with PowiGaN technology,” said Trevor Hiatt, director of marketing at Power Integrations. “With our IC and expert design support, the team not only boosted energy efficiency to 95.7 percent while the system operates at maximum power, but also improved efficiency by more than 50 percent while the system drives light loads – which is most of the time.”

The Bridgestone World Solar Challenge begins in Darwin on October 22 and is expected to conclude in Adelaide on October 29. To follow the race, get stories about Team aCentauri and their car, and learn more Power Integrations’ energy efficient solutions, visit , Power Integrations’ or follow and use hashtag #PowiGaNVan in social media.

About Power Integrations

is a leading innovator in semiconductor technologies for high-voltage power conversion. The company’s products are key building blocks in the clean-power ecosystem, enabling the generation of renewable energy as well as the efficient transmission and consumption of power in applications ranging from milliwatts to megawatts. For more information, please visit .

Power Integrations, the Power Integrations logo, PowiGaN and InnoSwitch are trademarks, service marks or registered trademarks of Power Integrations, Inc. All other trademarks are the property of their respective owner.

EN
18/10/2023

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Reports on Power Integrations Inc.

 PRESS RELEASE

Power Integrations Reports First-Quarter Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)-- Power Integrations (NASDAQ: ) today announced financial results for the quarter ended March 31, 2024. Net revenues for the first quarter were $91.7 million, up two percent from the prior quarter and down 14 percent from the first quarter of 2023. GAAP net income for the first quarter was $4.0 million or $0.07 per diluted share compared to $0.25 per diluted share in the prior quarter and $0.12 per diluted share in the first quarter of 2023. Cash flow from operations for the first quarter was $15.9 million. In addition to its GAAP results, the company provid...

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Power Integrations to Acquire the Assets of Odyssey Semiconductor

SAN JOSE, Calif.--(BUSINESS WIRE)-- Power Integrations (NASDAQ: ), the leader in high-voltage integrated circuits for energy-efficient power conversion, today announced an agreement to acquire the assets of Odyssey Semiconductor Technologies (OTCQB: ODII), a developer of vertical gallium-nitride (GaN) transistor technology. The transaction is expected to close in July 2024, after which all key Odyssey employees are expected to join Power Integrations’ technology organization. The acquisition supports the company’s ongoing development roadmap for its proprietary PowiGaN™ technology, which is ...

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Power Integrations to Release First-Quarter Financial Results on May 7

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Power Integrations Launches InnoMux-2, a New Switcher IC Family With M...

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Power Integrations Reports Fourth-Quarter and Full-Year Financial Resu...

SAN JOSE, Calif.--(BUSINESS WIRE)-- Power Integrations (NASDAQ: ) today announced financial results for the quarter and year ended December 31, 2023. Net revenues for the fourth quarter were $89.5 million, down 29 percent compared to the prior quarter and down 28 percent from the fourth quarter of 2022. GAAP net income for the fourth quarter was $14.3 million or $0.25 per diluted share compared to $0.34 per diluted share in the prior quarter and $0.40 per diluted share in the fourth quarter of 2022. For the full year, net revenues were $444.5 million, compared to $651.1 million in the prior ...

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