Recent #GaN news in the semiconductor industry
➀ Japanese companies are ramping up mass production of GaN power semiconductor devices for electric vehicles to increase range, although high costs remain a barrier.
➁ GaN is competing with SiC for applications in electric vehicle power semiconductor devices.
➂ GaN has very low power loss, which could reduce the charging time for electric vehicles from 90 minutes to 5 minutes.
➃ Companies like Sumitomo Chemical and Mitsubishi Chemical are investing in large diameter substrates to lower production costs.
➄ Toyota Synchro Corporation is working on integrated development from seeds to substrates and devices.
➅ Shin-Etsu Chemical is developing 300mm substrates for horizontal devices and 200mm substrates for vertical devices.
➆ GaN devices have a market size of over $2.3 billion in 2030, expected to grow from $220 million in 2023.