Recently, Nano Semiconductor announced that its GeneSiC silicon carbide power semiconductor devices have been used for the next generation of high-frequency fast charging stations at Exit Technologies. This high-frequency charging station converts 220 V AC power into 24 to 80 V DC power to charge industrial vehicles equipped with lead-acid and lithium batteries.http://www.ic-bom.com/
The high-frequency fast charging pile of Exede Technology this time adopts the GeneSiC "groove assisted planar gate" silicon carbide MOSFET technology of nano micro semiconductors, which combines the advantages of planar and groove, and has efficient and high-speed performance. Compared to other silicon carbide products, the maximum temperature during operation is 25 ° C lower and the lifespan is extended by up to three times. Among the published 100% avalanche resistance tests, it has the highest tolerance, a 30% extension of short-circuit withstand time, and a stable gate threshold voltage for easy parallel control.
In August last year, Nano Semiconductor acquired GeneSiC Semiconductor, expanding its original GaNFast GaN power chip product line and adding a new GeneSiC silicon carbide product line. Driven by both SiC and GaN, Nano Semiconductor‘s revenue continued to rise.
According to its latest quarterly report, in the first quarter of 2023, the net sales of nano and micro semiconductors increased to $13.4 million, nearly doubling compared to the same period in the first quarter of 2022 and an 8% increase compared to the fourth quarter of 2022. And the gross profit margin reached 41.1%. Moreover, nano and micro semiconductors are also very optimistic about their expectations for the entire year. It is expected that their net income in the second quarter will continue to grow to between $16 million and $17 million, and the full year revenue in 2023 is still expected to double compared to 2022.http://www.ic-bom.com/
In the layout of the automotive industry, nano and micro semiconductors mainly continue to make efforts in vehicle charging stations. Currently, there are 25 customer projects in operation or development for vehicle and charging stations, with a project value of over 300 million US dollars. This includes the design of a leading automotive company‘s on-board charger, expected to be released in 2024 and valued at $15 million to $20 million.
From a market perspective, the silicon carbide technology under Nanoelectronics has been adopted by more than a dozen charging station service provider customers. More than half of the charging stations in the United States (including Electric America and EV go‘s charging stations) have already adopted Nanoelectronics technology. Additionally, Nanoelectronics‘ SiC based car chargers have entered the automotive supply chain. Currently, domestic BYD and Geely have also adopted the GeneSiC solution. At the beginning of this year, Nano Semiconductor has also opened a joint electric vehicle design center with Geely Group‘s Weirui Automobile.
