Samsung Has Expanded Adoption Of Navitas' GaNFast ICs From The Original Flagship Galaxy S22, S23 And S24 To The Mainstream Galaxy A, And Revolutionary Galaxy Z Fold6 And Galaxy Z Flip6 Smartphones With Enhanced Galaxy AI Features
Portfolio Pulse from Benzinga Newsdesk
Samsung has expanded the adoption of Navitas Semiconductor's GaNFast ICs from its flagship Galaxy S22, S23, and S24 to the mainstream Galaxy A, and revolutionary Galaxy Z Fold6 and Galaxy Z Flip6 smartphones. This expansion includes enhanced Galaxy AI features and new energy-saving technology.
August 05, 2024 | 12:53 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Navitas Semiconductor's GaNFast ICs are now being used in a wider range of Samsung smartphones, including the mainstream Galaxy A and the revolutionary Galaxy Z Fold6 and Z Flip6. This expansion is likely to boost Navitas' market presence and revenue.
The expansion of Navitas' GaNFast ICs into more Samsung smartphone models, including mainstream and revolutionary devices, is likely to increase demand for Navitas' products. This should positively impact Navitas' revenue and market presence, leading to a potential short-term increase in NVTS stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100