Richardson Electronics (RELL) and Navitas Semiconductor (NVTS) announced an expanded distribution partnership for next-gen silicon carbide power semiconductors for Europe, the Middle East, and Africa. Richardson Electronics, Ltd. will continue to focus on the GeneSiC product line, expanding from North America into EMEA. This includes Navitas’ latest family of Gen-3 Fast MOSFETs, delivering a high-speed, cool-running performance that ensures up to 25 degrees C lower case temperatures and up to 3x longer life than alternative SiC products. This enables unprecedented, industry-leading levels of performance, robustness, and quality.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NVTS:
- Navitas Semiconductor price target lowered to $4 from $6 at Deutsche Bank
- Navitas Semiconductor price target lowered to $4.25 from $6.50 at Craig-Hallum
- Navitas Semiconductor price target lowered to $5 from $7 at Baird
- Navitas Semiconductor Q3 2024 Financial Performance
- Navitas Semiconductor reports Q3 EPS (6c), consensus (6c)