Navitas makes $5M strategic investment in Magnachip for SiC technology

Navitas Semiconductor has agreed to make a $5 million strategic equity investment in Magnachip Semiconductor, deepening their partnership to develop silicon carbide power semiconductor technology. The transaction is expected to close on or about September 24, 2026.

“By combining Navitas' proven GeneSiC technology and materials ecosystem with Magnachip's power semiconductor expertise, manufacturing capabilities and customer relationships, we believe we can accelerate our entry into attractive high-voltage and ultra-high-voltage markets.”streetinsider.com

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• streetinsider.comNavitas invests $5M in Magnachip to advance SiC technologySep 21, 2026

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