IA subsidiary Trino Technology doubles supply amid rising demand for power semiconductors in China
[Asia Economy Reporter Jang Hyowon] IA, a specialized company in automotive semiconductors and modules, announced on the 23rd that the supply volume of power semiconductors delivered to China by its subsidiary Trinotechnology has more than doubled.
Last year, power semiconductor supply temporarily slowed due to the impact of COVID-19, but this year, as China's domestic economy recovers and consumer sentiment improves, order volume has significantly increased. Although there is an overall supply shortage in the semiconductor industry, it was possible because Trinotechnology's existing mass production models have already secured quality and price competitiveness in the market.
Accordingly, the order volume to be supplied in the second quarter of this year has more than doubled compared to the same period last year, and it is expected to increase more than threefold in the third quarter. Orders are increasing as the products receive good responses not only from new home appliance models but also from industrial product makers such as generators, inverters, and drive motors.
A Trinotechnology official said, "The supply shortage situation due to the semiconductor boom and the increase in demand in the China region have combined, causing current order volumes to increase dramatically. Even though we are operating production facilities at maximum capacity, we are unable to supply orders in a timely manner, resulting in a backlog of orders," adding, "Customers who had been using power semiconductors supplied by global advanced companies are gradually switching to Trinotechnology's products."
He continued, "Along with efforts to secure raw materials, we will expand supply by maximizing the use of wafers produced by IA Semiconductor Technology Co., Ltd., a joint venture established with the Zhangjiagang city government in China."
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Meanwhile, according to data published in 2020 by the global market research firm Omdia, Trinotechnology ranked 12th in the global market share for IGBT power semiconductors in 2019. The top two companies are Infineon and Fuji Electric, followed by global companies such as ON Semiconductor and Toshiba.
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