Vehicle electrification trend to drive adoption of GaN devices
IHS Markit forecasts a significant y/y growth in gallium nitride (GaN) transistor revenues over the next decade, primarily due to its efficiency over conventional devices based on silicon, and the growth of vehicle electrification market
The rise in connected and autonomous services along with the growth in the number of EVs has led to the adoption of various new technologies in the automotive industry over the last decade.
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