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GaN Systems 3X Growth Drives Massive Expansion in Asia
GaN Systems' new office campus is in the Hsinchu Science Park, Taiwan, recognized as the center of semiconductor innovation and home to many of the world's leaders in advanced technology. It is also headquarters to GaN Systems' foundry partner, Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest dedicated independent (pure-play) semiconductor foundry.
The new office center in Taiwan, GaN System's Asia-based headquarters, which opened with a few employees in 2015, has grown by more than 10X and will exceed 100 employees in the coming year. The space features a state-of-the-art research and design center with dedicated subject matter experts in the design and system validation of solutions for customers in several markets, including mobile phones, laptop P.C.s, data center power supplies, and automotive E.V. powertrain electronics. The enlarged R&D team will expand GaN Systems' industry-leading lineup of high-performance transistors and high-power modules and build upon its extensive range of reference designs for 65W, 100W, and 250W phone and computer chargers P.F.C., DCDC, and inverter designs for higher power markets.
"We're excited to expand our Asian footprint in Taiwan to accommodate GaN Systems' rapid growth," said Stephen Coates, Vice President, Global Operations and General Manager, Asia. "GaN Systems has grown tremendously, driven by the rapid adoption of GaN in consumer, industrial and automotive electronics. Our campus in Taiwan scales up our manufacturing, product and module design, and innovation footprint and expands support for our global customers and business partners. This 3X expansion demonstrates our commitment to Asia and to supporting the continued growth of Taiwan's semiconductor ecosystem."
Acceleration of the growth in Asia continues with the addition of Andy Chuang, GaN Systems' Vice President of Business Development. Mr. Chuang, based in the new Taiwan office, brings decades of wideband gap experience to the GaN Systems' team. Incremental to the expansion in Taiwan, GaN Systems' presence in Asia is also growing with success in India in e-mobility with applications in the two, three, and four-wheeler E.V. segments.
GaN Systems' imposing growth in the Asia region and internationally are proof of its recently announced USD $150 million growth capital funding round to accelerate innovation and adoption of GaN technology across its automotive, consumer, industrial, and enterprise markets. Global companies, including industry leaders like Dell, HARMAN, Siemens, Signify, and Philips, rely on GaN Systems' transistors to create reliable, best-in-class power transistors.
About GaN Systems
GaN Systems is the global leader in GaN power semiconductors with the most extensive transistors portfolio that uniquely addresses the needs of today's most demanding industries, including consumer electronics, data center servers, power supplies, renewable energy systems, industrial motors, and automotive electronics. As an industry-leading innovator, GaN Systems makes it possible to design smaller, lower cost, more efficient power systems. The company's award-winning products provide system design opportunities free from the limitations of yesterday's silicon. By changing the transistor performance rules, GaN Systems enables power conversion companies to revolutionize their industries and transform the world.
For more information, please visit: www.gansystems.com or on Facebook, Twitter and LinkedIn and scan this Q.R. code for our WeChat.
Media Inquiries:
Mary Placido
Trier and Company for GaN Systems
[email protected]
+1 (415) 218-3627
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comGaN Systems, the global leader in GaN power semiconductors, announced today it has expanded its Asia presence with a 3X increase in its operation in Taiwan. With a 3X growth in revenue from the many consumer electronics, electric vehicles, and data centers & industrial power supply producers embracing GaN Systems power transistors, more people and space were necessary.
Ingerson Capital Partners Releases the Performance Report on ‘Asia Driving Demand for Longer Trading Hours’
Firms currently trading in extended sessions on international exchanges are driving the trend, with many of these financial institutions expressing some or significant interest in trading during extended hours trading sessions, according to researchers at Ingerson Capital Partners.
Overall, Asia has the strongest demand, with a large percentage of financial institutions throughout the continent already trading extended hours, and firms that do not currently are showing a keen interest to look into it. The highest demand for extended hours comes from asset managers and hedge funds, representing the increasingly global reach of this market segment.
"As we continue to push the evolution of our markets and satisfy the increasing global appetite for European derivatives, launching extended hours in Asia was the next phase of our company's globalization strategy," explained Matthew Price who heads up the Capital Markets division for Ingerson Capital Partners.
"As we move forward, extended trading hours will better align our business with our global peers, boosting our international visibility and connecting us to more of our clients," he added.
For firms currently trading extended hours, key drivers for the demand include capturing unique opportunities, requirements for trading strategies, the ability to respond to events throughout the day, and hedging considerations.
"The world is becoming a lot smaller in terms of investment firms' and their ability to trade globally, and the introduction of extended trading hours is a crucial move to facilitate that trend," said Simon Philips, Ingerson Capital Partners' Senior Vice President.
"The motivation from firms based in Asia, like our own, is to expand the scope of their trading activities and reflects the growing sophistication and vision of firms across this continent."
For those firms that are not yet trading extended hours, the most vital importance is to capture unique opportunities relating to extended trading hours.
About Ingerson Capital Partners
At Ingerson Capital Partners, we provide a more personalized approach to managing your finances. We take the time to get to know you, learn about your goals, understand your lifestyle, and listen to your ambitions to create unique solutions for every financial stage of your life. Find out more by visiting: https://www.icpmanagement.com/
Media Contact
Ingerson Capital Partners, Research Department.
James Peterson, Head of Analytics.
Broadgate Tower, 201 Bishopsgate, London, England, United Kingdom. EC2M 3AB
[email protected]
+44 (0) 208 157 6450
SOURCE: Ingerson Capital Partners
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comIngerson Capital Partners today released a performance report on 'Asia Driving Demand for Longer Trading Hours'. The report has outlined that there is a significant rising desire for brokers and other investment professionals, including its own, to trade on markets based outside of their time zones during their local trading hours - with Asia demonstrating the leading the pack.
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