Infineon receives “GaN Strategic Partner of the Year” award from Chicony Power Technology

Munich, Germany, and New Taipei, Taiwan, – 15 April 2024 – Chicony Power Technology (Chicony Power; TWSE: 6412), a worldwide leading manufacturer of power supplies and a pioneer in power electronics, has announced the winners of its Annual Partner Awards, honoring Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) as its 2023 “GaN Strategic Partner of the Year”.

Infineon has been recognized by Chicony Power as its top partner for gallium nitride (GaN)-based power supplies, including notebook adapters, as well as ICT applications in gaming, storage and servers. This acknowledgment is the result of Infineon’s high standards for product selection, application expertise, high reliability and cost-effectiveness. 

GaN stands out as one of the most crucial technologies which are essential for improving the efficiency of power supplies and reducing their product size. Pooling Infineon’s leading GaN expertise and Chicony Power’s remarkable capabilities in power supply system design, the win-win collaboration has helped push the boundaries of innovation and further strengthened both companies’ leading positions in energy-efficient power solutions. As of today, the GaN adoption rate in Chicony Power’s high-watt adapters has reached 20 percent, and this rate is rapidly increasing.

“Unrivalled R&D resources, a comprehensive application understanding and a large number of customer projects let Infineon continuously drive its roadmap for becoming a leading GaN Powerhouse,” said Adam White, Division President Power & Sensor Systems at Infineon Technologies. “The Strategic Partner of the Year award from Chicony Power is a great honor for us. We see this as part of our common mission to drive decarbonization and digitalization together.”

“We’re pleased to honor Infineon, which has played a pivotal role in driving customer success throughout 2023, as our GaN Strategic Partner of the Year,” said Peter Tseng, President of Chicony Power Technology. “Our Vision is to be a global pioneer in the implementation of new technology that enhances power supply efficiency, reduces the carbon footprint of power supplies and helps create a greener world. We would like our Annual Partner Awards to encourage Infineon and all other partners to maintain the momentum in jointly promoting GaN technology in the market alongside Chicony Power, making the power industry greener and cleaner.” 

About Chicony Power

Chicony Power Technology (Chicony Power) (TWSE: 6412) is recognized as one of the world’s top power supply manufacturers. The company provides customers with one-stop power supply solutions for laptops, desktops, servers/cloud applications, smart home/AIoT products, satellite communication devices, telecom infrastructure and consumer products, etc. Chicony Power’s 2023 revenue was around NT$36.3 billion, with revenue growing at 6.8% CAGR from 2009 to 2023, ahead of most of its Taiwanese industry peers, by organic growth. Chicony Power, with its leading strengths in energy management technologies, has been actively working on environmentally friendly products and solutions related to "Smart Living and Green Energy Saving", which integrate elements of social and environmental responsibility into product design and planning. The company is also actively engaged in developing long-term collaborative relationships with supply chain members, hoping to jointly create the value of social responsibility in the supply chain.

Infineon Technologies AG is a global semiconductor leader in power systems and IoT. Infineon drives decarbonization and digitalization with its products and solutions. The company has around 58,600 employees worldwide and generated revenue of about €16.3 billion in the 2023 fiscal year (ending 30 September). Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the OTCQX International over-the-counter market (ticker symbol: IFNNY).

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