For third-quarter 2023, gallium nitride (GaN) power IC and silicon carbide (SiC) technology firm Navitas Semiconductor Corp of Torrance, CA, USA has reported revenue of $22m, up 22% on $18.1m last quarter. This is also up 115% on $10.2m a year ago, aided somewhat by the acquisition in August 2022 of silicon carbide power semiconductor device designer and manufacturer GeneSiC Semiconductor Inc of Dulles, VA, USA...
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