Navitas Semiconductor and Cyient Semiconductors formed a partnership to advance GaN technology adoption in India, enhancing local supply chains.
Quiver AI Summary
Navitas Semiconductor Corporation and Cyient Semiconductors Private Limited have announced a strategic partnership aimed at promoting the adoption of GaN technology in India and creating a comprehensive GaN ecosystem. This collaboration will focus on co-developing GaN products, mixed signal ICs, and system modules for key market segments, including AI data centers and electric mobility. By building a local supply chain and manufacturing support, the initiative supports India's "Make in India" program and aims to accelerate product development cycles for OEMs. The partnership is designed to empower Indian design houses with locally sourced GaN components and technical support while ensuring greater accessibility to GaN technology for the region's developers. Overall, this alliance is positioned as a crucial step towards enhancing India's semiconductor capabilities and innovation in high-voltage power solutions.
Potential Positives
- This partnership with Cyient Semiconductors aims to advance the adoption of GaN technology in India, establishing a complete ecosystem that supports significant market segments including AI data centers and electric mobility.
- Navitas Semiconductor is aligning with the Indian Government’s “Make in India” initiative, which could enhance the company's reputation and market presence in the region.
- The collaboration is expected to expedite the development and deployment of GaN products tailored to India’s unique needs, potentially leading to increased revenue opportunities.
- The partnership facilitates local sourcing and manufacturing of GaN components, reducing barriers to GaN adoption and accelerating time to market for developers and OEMs in India.
Potential Negatives
- The press release heavily relies on forward-looking statements, which carry inherent uncertainties and may not reflect actual future results, raising concerns for investors about the reliability of the company's projections.
- By acknowledging potential risks and uncertainties that could materially affect business performance, the release may generate skepticism among stakeholders regarding the company's strategic partnership and its projected benefits in the semiconductor market.
- The emphasis on navigating complexities in high voltage power delivery suggests challenging market conditions, which could indicate that the company is facing significant obstacles in its operational environment.
FAQ
What is the focus of the partnership between Navitas Semiconductor and Cyient Semiconductors?
The partnership aims to advance GaN technology adoption in India and create a complete GaN ecosystem.
How will this partnership impact the semiconductor industry in India?
This collaboration will establish a local supply chain and accelerate time to market for GaN products in India.
What types of products will Navitas and Cyient develop together?
They will co-develop GaN products, digital and mixed signal ICs, and GaN-based system modules tailored for high voltage markets.
How does this initiative support the Indian Government's "Make in India" initiative?
The partnership aims to build a robust local ecosystem for manufacturing GaN products, supporting the government’s localization efforts.
Where can more information about the partnership be found?
For more information, visit the websites of Navitas Semiconductor and Cyient Semiconductors.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
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- Richard Shannon from Craig-Hallum set a target price of $6.0 on 08/05/2025
Full Release
TORRANCE, Calif. and HYDERABAD, India, Dec. 08, 2025 (GLOBE NEWSWIRE) -- Navitas Semiconductor Corporation (Nasdaq: NVTS), the industry leader in next-generation GaNFast™ gallium nitride (GaN) and GeneSiC™ silicon carbide (SiC) power semiconductors and Cyient Semiconductors Private Limited, a fast-growing provider of ASIC, ASSP and power solutions provider have announced a strategic long-term partnership intended to advance the adoption of GaN technology in India and establish a complete, end-to-end GaN ecosystem.
Through this partnership, Navitas Semiconductor and Cyient Semiconductors intend to co-develop GaN products, digital and mixed signal ICs, GaN based system modules and design enablement platforms targeting India’s high voltage, high power market segments such as AI data centers, electric mobility, performance computing, energy grid infrastructure and industrial electrification.
The partnership seeks to build a robust local supply chain and manufacturing ecosystem in support of the Indian Government’s “Make in India” initiative. In addition, through this partnership Navitas and Cyient Semiconductor aims to deploy IC technology in accelerating solution development for high voltage and high-power markets.
This is expected to include products based on Navitas’ existing GaN technologies, along with new products tailored for India’s unique market needs. Cyient Semiconductors’ work in establishing a secure local supply chain and ecosystem for GaN products in India will further accelerate time to market for developers and OEMs across the region.
Suman Narayan, CEO, Cyient Semiconductors, said: “This partnership represents a pivotal step in India’s semiconductor future in solving the complexities of power delivery at high voltages. By combining Navitas' proven GaN technology with Cyient Semi's design, manufacturing, and supply-chain strengths, we’re creating a self-sustaining ecosystem that will accelerate the market adoption of GaN. Our goal is to make GaN accessible to every OEM looking to design, build, and scale from India.”
“I believe the growth of GaN technology in India will exceed global trends, and Cyient Semiconductors is the perfect partner for Navitas to drive this revolution,” said Chris Allexandre, President and CEO of Navitas. “Together, Navitas and Cyient will power India’s vision of India for India – innovation, by India, for the world.”
This initiative is intended to empower Indian design houses and OEMs with locally sourced GaN components and manufacturing support, enabling faster development cycles and reducing barriers to GaN adoption in India. It also reinforces Cyient Semiconductors’ ambition to driving semiconductor innovation, localization, and scalability across critical technology sectors.
This collaboration between Cyient Semiconductors and Navitas establishes a direct channel for Indian customers to access GaN technology, along with reliable procurement, engineering collaboration and technical support.
For more information on the partnership and products please visit https://navitassemi.com/ or https://cyientsemi.com/ .
About Navitas
Navitas Semiconductor (Nasdaq: NVTS) is a next-generation power semiconductor leader in gallium nitride (GaN) and IC integrated devices, and high-voltage silicon carbide (SiC) technology, driving innovation across AI data centers, performance computing, energy and grid infrastructure, and industrial electrification. With more than 30 years of combined expertise in wide bandgap technologies, GaNFast™ power ICs integrate GaN power, drive, control, sensing, and protection, delivering faster power delivery, higher system density, and greater efficiency. GeneSiC™ high-voltage SiC devices leverage patented trench-assisted planar technology to provide industry-leading voltage capability, efficiency, and reliability for medium-voltage grid and infrastructure applications. Navitas has over 300 patents issued or pending and is the world’s first semiconductor company to be CarbonNeutral
®
-certified.
Navitas Semiconductor, GaNFast, GaNSense, GaNSafe, GeneSiC, and the Navitas logo are trademarks or registered trademarks of Navitas Semiconductor Limited or affiliates. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.
About Cyient Semiconductors
Cyient Semiconductors is a Hyderabad-headquartered provider of custom ASIC/ASSP solutions, with a focus on analog mixed-signal, intelligent power, and advanced semiconductor platforms. With design centers in India, Belgium, and the U.S., Cyient Semiconductors enables global customers in data centers, robotics, automotive, and industrial automation to achieve higher efficiency and faster time-to-market.
Cautionary Statement Regarding Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are attempts to predict or indicate future events or trends or similar statements that are not a reflection of historical fact. Forward-looking statements may be identified by the use of words such as “we expect” or “are expected to be,” “estimate,” “plan,” “project,” “forecast,” “intend,” “anticipate,” “believe,” “seek,” or other similar expressions. Forward-looking statements are made based on estimates and forecasts of financial and performance metrics, projections of market opportunity and market share and current indications of customer interest, all of which are based on various assumptions, whether or not identified in this press release. All such statements are based on current expectations of the management of Navitas and Cyient and are not predictions of actual future performance. Forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions and expectations. Many actual events and circumstances that affect performance are beyond the control of Navitas and/or Cyient, and forward-looking statements are subject to a number of uncertainties. Our businesses are subject to certain risks that could materially and adversely affect our respective business, financial condition, results of operations, or the value of our securities. For Navitas, these and other risk factors are discussed in the Risk Factors section beginning on p. 15 of our annual report on Form 10-K for the year ended December 31, 2024, as updated in the Risk Factors section of our most recent quarterly report on Form 10-Q, and in other documents we file with the SEC. If any of these risks, as discussed in more detail in our SEC reports, materialize or if our assumptions underlying forward-looking statements prove to be incorrect, actual results could differ materially from the results implied by these forward-looking statements.
Navitas Contact Information
Vipin Bothra
[email protected]
Navitas Investor Contacts
Leanne Sievers | Brett Perry
Shelton Group
[email protected]
Cyient Semiconductors Contact
Phalguna Hari jandhyala
[email protected]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4d5b6ee8-7f4f-4511-821c-be13d83e1c6a