Power Integrations today announced the delivery of its one-millionth InnoSwitch™3 switcher IC featuring the company’s PowiGaN™ gallium-nitride technology. In an event at the Shenzhen headquarters of Anker Innovations, Power Integrations CEO Balu Balakrishnan presented the one-millionth GaN-based IC to Anker CEO Steven Yang.
Power Integrations today announced new high-power-density members of its LYTSwitch™-6 family of safety-isolated LED-driver ICs for smart-lighting applications. The new ICs with PowiGaN™ technology enable designs that deliver up to 110 W with 94% conversion efficiency using a simple, flexible flyback topology.
Power Integrations today announced CAPZero-3, the latest generation of the company’s elegant, energy-saving X-capacitor discharge ICs. Two-terminal CAPZero-3 ICs enable designers to easily meet IEC60335 safety approvals for major appliances, and cover all capacitor values from 100 nF to 6 µF.
Power Integrations today announced financial results for the quarter ended June 30, 2019. Net revenues for the second quarter were $102.9 million, up 15 percent from the prior quarter and down six percent from the second quarter of 2018. Net income was $10.8 million or $0.37 per diluted share compared to $0.25 per share in the prior quarter and $0.51 in the second quarter of 2018. Cash flow from operations was $19.4 million for the second quarter.