Navitas Semiconductor excels in data center, electric vehicle and mobile device markets

Navitas performed well in high-growth markets such as data centers, electric vehicles, and mobile devices. In the data center market, the company's customer channel value reached $165 million, an increase of more than 100% year-on-year. In the electric vehicle market, the company's customer channel value reached $900 million, accounting for 38% of the total channel. In the mobile device market, the company's customer channel value reached $200 million, an increase of 33% year-on-year. These data fully demonstrate the company's strong demand and market recognition in these areas.