Growing demand for power supplies, photovoltaic inverters and hybrid and electric car components is helping the power electronics sector achieve critical mass.Omdia, the London-based technology forecaster, discerns a transition occurring in the nascent market for gallium nitride and silicon carbide wide bandgap semiconductors as plucky startups are snapped up by established power IC manufacturers. Hence, it is forecasting the GaN/SiC sector will exceed $1 billion in revenues in 2021.
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