➀ Power semiconductors handle high voltage and large current, used in various products like smartphones and EVs. ➁ The global market for power semiconductors reached $28.3 billion in 2023, with German Infineon leading at 22.8%. ➂ Japanese companies like Mitsubishi Electric and Fuji Electric also hold significant market shares. ➃ There is a growing demand for new materials like silicon carbide (SiC) and gallium nitride (GaN) to enhance efficiency in EVs and home appliances.