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Power Integrations Unveils New Office Facility in Switzerland
Facility houses high-tech R&D and product development for gate drivers used in renewable energy, electric transportation and other clean technologies BIEL,
About this update from Power Integrations, Inc.
[{"type":"text","content":"\nFacility houses high-tech R&D and product development for gate drivers used in renewable energy, electric transportation and other clean technologies\n\n BIEL, Switzerland--(BUSINESS WIRE)--\nPower Integrations (Nasdaq: POWI), the leader in high-voltage integrated circuits for energy-efficient power conversion, today opened its newly constructed facility in Biel, Switzerland at a ceremony hosted by the company’s CEO, Balu Balakrishnan, and attended by Biel mayor Erich Fehr. The 4,600-square-meter, $20 million facility is the new home for about 60 engineers and other technology professionals, a number that is expected to rise as the company continues to grow in the years ahead. In addition to modern office and laboratory space, the contemporary building houses a surface-mounted-technology (SMT) line used to develop prototypes for the company’s gate-driver products. The facility also features a 25-kilowatt rooftop solar array.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220324005977/en/Power Integrations CEO Balu Balakrishnan (center, left) cuts the ribbon on the company's new facility in Biel, Switzerland, joined by (from left to right) Nik Liechti, CEO of GLS Architects, Biel mayor Erich Fehr and Biel finance director Silvia Steidle. (Photo: Business Wire)\nPower Integrations’ presence in Switzerland dates to its 2012 acquisition of CT-Concept Technologie AG. Its Biel operation specializes in gate drivers for high-power applications such as solar and wind energy, electric locomotives and efficient DC transmission lines, and is an integral part of the company’s efforts in the electric-vehicle market. Worldwide, Power Integrations employs approximately 770 people, with additional R&D centers at its Silicon Valley headquarters as well as in Canada, Malaysia and the United Kingdom, and design-support centers in Germany and the Philippines.\n\nIn addition to its innovative gate drivers, Power Integrations is known for high-voltage integrated circuits (ICs) used in power supplies for appliances, smartphones, computers and myriad consumer-electronics and industrial products. The company’s ICs feature proprietary energy-saving technologies such as gallium-nitride transistors and EcoSmart™ technology, which reduces the energy consumed by electronic products in “standby” ...