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Power Integrations unveils new gate drivers for inverters

EditorEmilio Ghigini
Published 05/21/2024, 09:32 AM

SAN JOSE, Calif. - Power Integrations (NASDAQ: NASDAQ:POWI), a prominent player in gate driver technology for medium- and high-voltage inverter applications, has announced the release of its SCALE-iFlex XLT family of dual-channel gate drivers.

These new drivers are designed to enhance the operation of various single semiconductor modules, including those by Mitsubishi, Infineon (OTC:IFNNY), and Fuji Electric, with up to 2300 V blocking voltage. The modules are intended for use in renewable energy installations such as wind turbines, energy storage systems, and solar panels.

The SCALE-iFlex XLT gate drivers incorporate Negative Temperature Coefficient (NTC) data reporting, an isolated temperature measurement feature that allows for precise thermal management of converter systems.

This advancement is expected to allow system designers to optimize the thermal design of their systems, potentially increasing converter power by 25 to 30 percent without altering the existing hardware.

Additionally, the isolated NTC readout simplifies the hardware design by reducing the need for multiple cables, connectors, and additional isolation barrier crossing circuits.

Thorsten Schmidt, product marketing manager at Power Integrations, highlighted the challenge of developing a single-board gate driver for the new dual IGBT modules.

He emphasized that the SCALE-iFlex XLT gate drivers are compact and can be mounted on the module itself, providing system designers with greater mechanical design flexibility.

The new gate drivers utilize Power Integrations’ SCALE-2 chipset, which is known for minimizing component count and thereby enhancing reliability. They also include protective features for power switches in the event of a short-circuit.

The SCALE-iFlex XLT gate drivers are currently available for sampling, with interested parties advised to contact their local sales representatives for pricing details.

Power Integrations is recognized for its innovative semiconductor technologies for high-voltage power conversion, playing a crucial role in the clean-power ecosystem. Its products facilitate the generation of renewable energy and the efficient transmission and consumption of power across a wide range of applications.

This announcement is based on a press release statement from Power Integrations.

InvestingPro Insights

As Power Integrations (NASDAQ: POWI) continues to innovate with its SCALE-iFlex XLT gate drivers, investors and industry observers are keeping a keen eye on the company's financial health and market performance. According to InvestingPro data, Power Integrations holds a market capitalization of $4.42 billion, with a high P/E ratio of 84.01, reflecting a significant earnings expectation from the market. Despite a revenue decline of 25.27% over the last twelve months as of Q1 2024, the company's gross profit margin remains strong at 51.82%, indicating a robust ability to maintain profitability amidst revenue fluctuations.

Notably, Power Integrations has raised its dividend for 11 consecutive years, demonstrating a commitment to returning value to shareholders. This, coupled with the fact that the company holds more cash than debt on its balance sheet, positions it as a potentially attractive option for income-focused investors. Additionally, the company's liquid assets exceed its short-term obligations, providing financial flexibility and stability.

Investors interested in deeper analysis can explore additional InvestingPro Tips for Power Integrations, which highlight the company's strong return over the last month and the consensus among analysts that the company will be profitable this year. These insights, along with 12 more detailed tips, are available at https://www.investing.com/pro/POWI. For those seeking to leverage the full suite of investment tools, use coupon code PRONEWS24 to get an additional 10% off a yearly or biyearly Pro and Pro+ subscription.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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