onsemi and Innoscience Partner to Accelerate Global GaN Power Device Production

Reuters
2025.12.02 15:10
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ON Semiconductor Corporation (onsemi) and Innoscience have signed a memorandum of understanding to expand production of GaN power devices. The partnership aims to leverage onsemi's system integration expertise and Innoscience's GaN wafer manufacturing capabilities to accelerate global rollout of energy-efficient solutions across various markets, targeting a $2.9 billion opportunity by 2030.