ON Semiconductor Corporation (onsemi) has announced the signing of a memorandum of understanding with Innoscience to explore expanding production of gallium nitride (GaN) power devices. The collaboration aims to combine onsemi's expertise in system integration, drivers, and packaging with Innoscience's high-volume GaN wafer manufacturing capabilities. This partnership is expected to accelerate the global rollout of energy-efficient GaN power solutions, targeting industrial, automotive, telecom infrastructure, consumer, and AI data center markets. The joint effort seeks to provide cost-effective, smaller, and more efficient power devices and scale GaN manufacturing to meet a projected $2.9 billion market opportunity by 2030.