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Navitas and Anker Sign Strategic Partnership Deal for Next-Gen Mobile Fast Chargers
New 30W, 65W 'League of Legends™' first in a new series of leading-edge fast chargers in $2B market EL SEGUNDO, Calif., Nov. 17, 2021 /PRNewswire/ -- Navitas
About this update from Navitas Semiconductor Corporation
[{"type":"text","content":"New 30W, 65W 'League of Legends™' first in a new series of leading-edge fast chargers in $2B market\n\n\nEL SEGUNDO, Calif., Nov. 17, 2021 /PRNewswire/ -- Navitas Semiconductor, the industry leader in GaN power integrated circuits (\"ICs\") and Anker Innovations, a global leader in fast-charging technology, announced the signing of a new strategic partnership. \n\n \n \n \n \n \n \n\n \nNavitas and Anker Sign Strategic Partnership Deal for Next-Gen Mobile Fast ChargersGallium nitride (GaN) devices are the leading-edge of power semiconductor technology, operating 20x faster than traditional silicon chips, and can achieve up to 3x more power or 3x faster charging in half the size and weight. Navitas' GaNFast™ power ICs integrate GaN power, GaN drive, protection and control and are designed to be easy-to-use, 'digital-in, power-out' circuit building blocks.\nAnker and Navitas have an established relationship, starting in 2017 when Anker was one of the first companies to create next-generation, fast-charger prototypes and then qualify the breakthrough new GaN technology. The 2019 Anker PowerCore Fusion PD combination charger and portable power bank was a game-changing shift in mobile power, using Navitas GaNFast power ICs to reach new levels of efficiency and power density.\nSteven Yang, CEO of Anker Innovations said: \"I believe that having engineering teams from Anker and Navitas sitting side by side on a daily basis will greatly improve the efficiency of the product development process, translating into faster and better chargers for our customers.\" \nThe new agreement dedicates engineering teams from both Navitas and Anker to be co-located at Anker offices to develop and launch leading-edge GaNFast chargers to accelerate time-to-market. The initial focus will be on next-generation mobile chargers but will expand into the high-growth energy-storage markets. The deal also provides a longer planning horizon for co-operative marketing across all media platforms and in-person events, such as the Consumer Electronics Show (CES), in Las Vegas.\n\"As both a long-term customer and investor in Navitas, Anker has demonstrated a passion for innovation and vision for the future of charging,\" said Gene Sheridan, co-founder and CEO of Navitas. \"Mobile charging is a $2B target market for GaN power ICs, and working with Anker on energy-storag...