Navitas Down on Release of Xiaomi Laptop

Navitas Semiconductor (NASDAQ: NVTS) shares went south Wednesday. The industry-leader in gallium nitride (GaN) power integrated circuits, has announced that the latest Xiaomi Redmi laptop family 100 W fast chargers are driven by next-generation GaNFast™ power ICs with GaNSense™ technology.

Consumer electronics giant Xiaomi has adopted GaNFast technology to develop an ultra-compact, high-power-density charger now shipping with all new Xiaomi RedmiBook Pro 14 laptops and the integrated-GPU version of the RedmiBook Pro 15.

The new RedmiBook Pro 14 and RedmiBook Pro 15 lightweight 14” and 15” laptops are built around 12th-generation Intel Core i5 and Intel Core i7 mobile processors and are ideal for gamers and other users requiring high-performance, portable computing power. Thanks to Navitas’ GaNFast technology, the ultra-small form-factor 100 W fast charger supplied ‘in-box’ fast-charges from 0-50% in less than 40 minutes.

Measuring only 60 x 58 x 31.6 mm (110 cc), the Xiaomi 100 W achieves a power density of 0.91 W/cc with universal input voltage (90 VAC to 264 VAC) and full USB power-delivery output range (5V/3A, 9V/3A, 15V/3A and 20V/5A) to ensure compatibility with a wide range of other devices, including the latest Xiaomi mobile phones.

Navitas claims to be the industry leader in gallium nitride (GaN) power ICs, founded in 2014. GaN power ICs integrate GaN power with drive, control, sensing and protection to enable faster charging, higher power density and greater energy savings for mobile, consumer, enterprise, eMobility and new energy markets

NVTS shares gave back 22 cents, or 5.1%, to $4.09.