As part of its strategy to move more significantly into power semiconductors for industrial and automotive markets, Littelfuse Inc of Chicago, IL, USA has made an investment in silicon carbide (SiC) diode and MOSFET supplier Monolith Semiconductor Inc of Round Rock, TX, USA.
Monolith notes that silicon carbide enables power devices to operate at higher switching frequencies and temperatures versus conventional silicon technology, allowing inverters and other energy conversion systems to be built with significantly improved power density, energy efficiency and cost.
Founded in 1927, Littelfuse provides circuit protection technologies (including fuses, semiconductors, polymers, ceramics, relays and sensors) to the electronics, automotive and industrial markets, with growing global platforms in power control and sensing. The firm has over 8000 staff in more than 35 locations worldwide.
"Investing in and partnering with Monolith's experienced team of silicon carbide and power semiconductor experts allows us to quickly evolve our portfolio with strategically relevant and innovative technology," says Ian Highley, Littelfuse's senior VP & general manager, Semiconductor Products, and chief technology officer. "Silicon carbide power technology is among the most promising advancements in the semiconductor market today. It will be an important tool in helping us solve complex problems for our customers," he adds.
"Forming this strategic partnership with Littelfuse accelerates development and helps bring silicon carbide technology to the market," comments Monolith's CEO Sujit Banerjee PhD. "Littelfuse is an ideal partner for us. We are excited to dramatically increase our customer reach, gain access to global channels, and benefit from their sales and marketing depth and expertise."
Initially the deal is not a material investment for Littelfuse, but it has committed to add to its investment after Monolith has achieved certain milestones. The investment is not expected to have any material financial impact on Littelfuse in 2015 or 2016.
