Navitas Semiconductor makes $5 million strategic investment in Magnachip

Navitas Semiconductor agreed to make a $5 million strategic equity investment in Magnachip Semiconductor, deepening their partnership to develop silicon carbide power semiconductor solutions.

“Navitas’ investment represents an important next step in our strategic partnership and demonstrates a shared commitment to the opportunities we are pursuing together.”markets.financialcontent.com

• 1 source
• markets.financialcontent.comLaser Focus World - Magnachip Announces Strategic Investment by Navitas SemiconductorMagnachip Semiconductor CorporationMay 14, 2019

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