Navitas Semiconductor, the industry leader in gallium nitride (GaN) power ICs, announced that Xiaomi has launched their third GaNFast™ charger, a 65W dual-output fast charger. The ’65W 1A1C’ has a USB-C output up to 65W to power laptops and fast-charge smartphones via USB-PD 3.0, QC, and PPS fast-charging protocols, with an extra USB-A output up to 18W to conveniently – and simultaneously – charge another phone or accessory such as headphones.
“We look forward to a bright future for Navitas.” – Mr. Xiang WANG, President and Partner of Xiaomi.
The new GaN charger can power the Xiaomi Mi11 from 0% to 100% charge in only 45 minutes. Due to high-speed GaN power ICs, the charger achieves a world-class small size of only 69 cc with folding AC-pins – a 30% reduction vs Xiaomi’s previous silicon-based designs – and a world-leading featherweight 104 g for ultimate portability. This top-performance charger is available now from Xiaomi for a retail price of only 149 RMB (around US$23).
Gallium nitride (GaN) is a next-generation semiconductor technology that runs up to 20x faster than legacy silicon chips. Navitas’ proprietary GaN power ICs integrate GaN power (FET) and GaN drive plus control and protection in a single SMT package. These ‘GaNFast’ power ICs become easy-to-use, high-speed, high-performance ‘digital-in, power-out’ building blocks and deliver up to 3x faster charging in half the size and weight, and with up to 40% energy savings compared with earlier silicon solutions. An estimated $13.1B electrification opportunity includes mobile fast chargers and adapters, data centers, solar energy, and EV.
Xiaomi attaches importance to both innovation and product quality, constantly pursuing a higher user-experience as well as better operational efficiency. In power electronics, Navitas shares this same philosophy, meaning the Xiaomi 65W 1A1C GaN charger has impressed and won the hearts of consumers with an excellent charging experience.
“We believe that the success of any company comes from continuous technological innovation, corporate social responsibility and the achievement of sustainable development goals,” said Mr. Xiang WANG, President and Partner of Xiaomi. “We look forward to a bright future for Navitas.”
Xiaomi’s 65W 1A1C GaN charger was designed and manufactured by Nanjing Kuke Electronic Technology Co. Ltd. (Cuktech) and uses the NV6115 GaNFast power IC in a high-frequency, soft-switching topology, with robust 650V/ 800V rating and up to 2 MHz high-speed switching in a small-footprint 5 x 6 mm QFN package which is key to achieving high reliability and small size.
“GaNFast power ICs have been recognized and trusted by brand manufacturers and consumers for its simple design, ease-of-use and ultra-high integration,” said Dr. Wei CHEN, CEO of Cuktech. “The high reliability of GaNFast power ICs also makes our products recognized and trusted by brand manufacturers and consumers. The cooperation with Navitas and Xiaomi will accelerate the expansion of consumer GaN charger market in the future and achieve a win-win situation for all parties.”
“Xiaomi’s openness to new materials and technologies, and its continued commitment to gallium nitride (GaN), demonstrates Xiaomi’s recognition of the advantages of GaN devices over traditional silicon devices,” said Gene SHERIDAN, CEO of Navitas Semiconductors. “It is a long and successful partnership, introducing a series of world-class chargers, and celebrating mass production milestones, as when we presented Xiaomi with a special award for their receiving the 10,000,000th GaNFast power IC back in November 2020.”
Navitas and Xiaomi will continue to work closely on technology. As one of the most important next-generation semiconductors, GaNFast power ICs not only enable Xiaomi’s charger products to be smaller in size while maintaining the same power, but they also have a 10x lower CO2 emission footprint than legacy silicon chips, contributing to Xiaomi’s carbon neutrality program.
About Xiaomi Group
Xiaomi Group was established in April 2010 and listed on the main board of the Hong Kong Stock Exchange (1810.HK) on July 9, 2018. It is an Internet company with mobile phones, smart hardware and IoT platforms as its core. With the vision of “make friends with users and be the coolest company in users’ hearts”, Xiaomi is committed to continuous innovation, constantly pursuing the ultimate product service experience and company operating efficiency, and strives to practice “always stick to good products, so that everyone in the world can enjoy the beautiful life brought by technology” which is the company’s mission. Xiaomi currently ranks among the top three in the global smartphone market. According to Canalys, a third-party organization, Xiaomi’s smartphone shipments in Q2 2021 achieved second place in the world for the first time. At the same time, Xiaomi has established the world’s leading consumer-grade IoT platform, connecting approximately 351 million smart devices (excluding smart phones and personal computers). At present, Xiaomi Group has entered more than 100 countries and regions around the world, and is in a leading position in many markets. In August 2020, Xiaomi Group was once again selected into the “Fortune Global 500” (Fortune Global 500) ranked 422.
About Cuktech
Founded in 2016, Nanjing Kuke Electronic Technology Co., Ltd. (CukTech) is a research and development company focusing on lithium battery charging and control systems. At the beginning of its establishment, the company received investment from well-known enterprises and venture capital institutions in the industry such as Xiaomi, Zimi, and Shunwei Capital. The company’s core team members include senior engineers from well-known power supply companies with more than 10 years of experience at home and abroad, and top PhD and master’s degree experts in power electronics majors. Under the leadership of many outstanding engineers and industry experts, Cuktech is booming.
About Navitas
Navitas Semiconductor Ltd. is the industry leader in gallium nitride (GaN) Power IC company, founded in 2014. Navitas has a strong and growing team of power semiconductor industry experts with industry-leading experience in materials, devices, IC design, applications, systems and marketing, plus a proven record of innovation with over 300 patents among its founders. GaN power ICs integrate GaN power with drive, control and protection to enable faster charging, higher power density and greater energy savings for mobile, consumer, enterprise, eMobility and new energy markets. Over 120 Navitas patents are issued or pending. As of May 3rd, 2021, over 20 million GaNFast power ICs have been shipped with zero failures. On May 7th, 2021, Navitas announced plans to “Go Public at an Enterprise Value of $1.04 Billion via Live Oak II (NYSE: LOKB) SPAC Business Combination.”
Navitas Semiconductor, GaNFast and the Navitas logo are trademarks or registered trademarks of Navitas Semiconductor, Ltd. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.
Cautionary Statement Regarding Forward Looking Statements
The information in this press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the proposed transaction, the ability of the parties to consummate the transaction, the benefits of the transaction and the combined company’s future financial performance, as well as the combined company’s strategy, future operations, estimated financial position, estimated revenues and losses, projections of market opportunity and market share, projected costs, prospects, plans and objectives of management are forward-looking statements. When used in this press release, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “plan,” “seek,” “expect,” “project,” “forecast,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words.
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If any of the risks described above materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by our forward-looking statements. There may be additional risks that neither Live Oak II nor Navitas presently know or that Live Oak II and Navitas currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Live Oak II’s and Navitas’ expectations, plans or forecasts of future events and views as of the date of this press release. Live Oak II and Navitas anticipate that subsequent events and
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Important Information and Where to Find It
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Live Oak II and its directors and executive officers may be deemed to be participants in the solicitation of proxies from the stockholders of Live Oak II in connection with the proposed transaction. Navitas and its officers and directors may also be deemed participants in such solicitation. Securityholders may obtain more detailed information regarding the names, affiliations and interests of certain of Live Oak II’s executive officers and directors in the solicitation by reading Live Oak II’s Annual Report on Form 10-K filed with the SEC on March 25, 2021 and the proxy statement/prospectus and other relevant materials filed with the SEC in connection with the proposed transaction when they become available. Information concerning the interests of Live Oak II’s participants in the solicitation, which may, in some cases, be different than those of Live Oak II’s stockholders generally, will be set forth in the proxy statement/prospectus relating to the proposed transaction when it becomes available.
Contact:
Stephen Oliver – VP Corporate Marketing and Investor Relations
Phone: +1 ThinkGaNIC (+1 844-654-2642)
Email: stephen.oliver@Navitassemi.com
SOURCE Navitas Semiconductor