InnoScience (Suzhou) Technology Holding Co., Ltd. has announced a new partnership with United Automotive Electronic Systems Co., Ltd. (UAES) to establish a joint laboratory focused on gallium nitride technology. The collaboration aims to advance power electronic systems for new energy vehicles by utilizing the advantages of gallium nitride devices, such as high power density and high conversion efficiency. UAES, a leading global supplier of automotive electronic systems, will combine its expertise with InnoScience's strengths in the GaN field to develop more compact and efficient power supplies and powertrain systems for electric vehicles. This partnership is expected to significantly impact the future of power electronic systems in the automotive industry.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.