Automotive IGBT Chips Modules

Automotive IGBT Chips Modules Market Outlook

The global Automotive IGBT (Insulated Gate Bipolar Transistor) Chips Modules market was valued at approximately USD 5.75 billion in 2023 and is projected to reach around USD 12.78 billion by 2035, growing at a compound annual growth rate (CAGR) of 8.4% during the forecast period of 2025 to 2035. The burgeoning demand for electric and hybrid vehicles is a primary growth factor driving this market, as IGBT modules are pivotal in managing high voltage and currents efficiently, which are critical for the performance of electric drivetrains. Increasing environmental concerns and stringent government regulations regarding emissions are propelling the automotive industry to transition towards electrification, thereby boosting the demand for advanced semiconductor technologies like IGBT chips. Additionally, the ongoing advancements in automotive technologies, including autonomous driving systems and smart vehicles, are further contributing to the growth of the IGBT modules market. The rise in renewable energy applications, such as solar and wind power, which utilize these chips for efficient energy conversion, will also positively impact market growth.

Growth Factor of the Market

The growth of the Automotive IGBT Chips Modules market is significantly attributed to the rapid evolution of electric vehicle technology. As the automotive sector moves towards greener alternatives, there is an increased focus on energy efficiency, which is where IGBT modules play a crucial role. These modules not only enhance the efficiency of electric drives but also aid in reducing the overall weight of the vehicles, thereby improving their performance and range. Furthermore, the trend towards electrification in various regions, particularly in Europe and North America, is driving investments in semiconductor technologies that support electric and hybrid vehicles. Another key growth factor is the expansion of the commercial vehicle segment, where IGBT modules are increasingly being adopted for improving fuel economy and reducing emissions. Additionally, the rise in demand for advanced driver-assistance systems (ADAS) is driving the need for high-performance IGBT modules, which are essential for managing complex automotive functions. The convergence of these factors is expected to propel the market forward in the coming years.

Key Highlights of the Market

• Predicted CAGR of 8.4% from 2025 to 2035, indicating robust market growth.
• Increasing adoption of electric and hybrid vehicles driving demand for IGBT modules.
• Technological advancements in semiconductor technologies facilitating efficiency improvements.
• Expansion of commercial vehicle segment increasing market opportunities.
• Growing regulatory pressures for vehicle emissions fostering market innovations.

By Product Type

Discrete IGBT Modules:

Discrete IGBT modules are standalone devices that integrate an IGBT and a freewheeling diode into a single package, making them compact and effective for various applications. These modules are extensively used in automotive applications due to their high reliability and robustness, especially in electric and hybrid vehicles. Discrete IGBT modules are favored for their ease of integration into existing designs, which allows for the enhancement of performance without significant redesigns. The growing demand for high-efficiency power conversion systems in electric vehicles is expected to drive the market for these modules. Furthermore, advancements in packaging technologies are enhancing the thermal performance and overall efficiency of discrete IGBT modules, further boosting their adoption in the automotive sector.

IGBT Stack Modules:

IGBT stack modules are designed for high-power applications and are characterized by their ability to handle large amounts of current and voltage. These modules are commonly utilized in heavy-duty electric vehicles and industrial applications where high-performance and reliability are paramount. The growing trend towards electrification in large commercial vehicles has stimulated the demand for IGBT stack modules. Their ability to provide efficient switching capabilities under high thermal loads makes them a preferred choice for applications requiring significant power conversion. As the automotive industry increasingly moves towards electrification, the demand for these modules is expected to rise, driven by the need for more powerful and efficient drivetrains.

Integrated IGBT Modules:

Integrated IGBT modules combine multiple functionalities into a single package, integrating the IGBT, diodes, and other necessary components. This integration helps in reducing the footprint and weight, making them suitable for space-constrained applications in modern vehicles. With the rise of smart vehicles and advanced drive systems, the demand for integrated modules is expected to grow as they offer enhanced performance and reduced complexity in electronic control systems. These modules are particularly well-suited for use in electric and hybrid vehicle applications due to their high efficiency and thermal management capabilities. The increasing need for compact and lightweight components in automotive design is likely to drive the growth of integrated IGBT modules in the coming years.

High Power IGBT Modules:

High power IGBT modules are engineered to handle substantial electrical loads and are critical in applications such as electric traction systems in trains and high-performance electric vehicles. These modules are essential for efficient energy conversion and are designed to withstand high temperatures and voltages, making them suitable for demanding automotive applications. Their performance is crucial in maximizing the energy efficiency of propulsion systems, and as the automotive industry continues to focus on improving vehicle range and reducing energy consumption, the demand for high-power IGBT modules is expected to increase significantly. Furthermore, with advancements in power semiconductor technologies, the efficiency and thermal performance of these modules are continually being enhanced, promoting their adoption in high-demand applications.

Low Power IGBT Modules:

Low power IGBT modules are particularly useful in smaller electric vehicles and hybrid systems where the power requirements are relatively modest. These modules facilitate efficient switching and control of electric motors while maintaining a compact size and lightweight profile. As urbanization continues to drive the miniaturization of vehicles, the demand for low power IGBT modules is expected to rise. They are integral to the growing market for electric scooters and bicycles, where efficient power management is crucial for extending range and improving performance. The ongoing development of low-cost, high-performance components is likely to drive further advancements in this segment, catering to the specific needs of smaller automotive applications.

By Application

Electric Vehicles:

The electric vehicle segment is a major driver for the automotive IGBT chips modules market, accounting for a significant portion of the overall demand. As governments around the world implement stricter emission regulations and provide incentives for electric vehicle adoption, manufacturers are investing heavily in developing efficient power conversion systems. IGBT modules are integral to electric vehicle powertrains, as they manage the flow of power between the battery and the electric motor, facilitating effective energy use. Furthermore, advancements in battery technology and charging infrastructure are further encouraging electric vehicle growth, which will, in turn, drive the need for high-performance IGBT modules that can optimize efficiency and performance.

Hybrid Vehicles:

Hybrid vehicles, which combine traditional internal combustion engines with electric propulsion systems, also represent a significant share of the automotive IGBT chips modules market. The efficient management of power flow between the different energy sources in hybrid systems is crucial for optimizing performance and fuel efficiency. IGBT modules play a critical role in hybrid vehicles, managing the switching between electric and gas power sources. As consumers increasingly prioritize fuel economy and reduced emissions, the demand for hybrid vehicles is expected to rise, subsequently boosting the demand for IGBT modules in this segment. This trend is further supported by the automotive industry's shift toward electrification as a strategy for meeting regulatory standards.

Plug-in Hybrid Vehicles:

Plug-in hybrid vehicles (PHEVs), which can be charged from an external power source, are becoming increasingly popular due to their flexibility and reduced fuel consumption. The adoption of IGBT modules in PHEVs is vital for efficient power management and energy recovery systems, particularly in regenerative braking applications. These modules ensure that the transition between electric and hybrid modes is smooth and efficient, enhancing the overall driving experience. As the market for PHEVs continues to grow, driven by consumer preferences for versatile vehicle options and government incentives, the demand for IGBT modules specifically designed for plug-in hybrid applications will also increase.

Commercial Vehicles:

The commercial vehicle segment is witnessing a significant uptick in adopting electric and hybrid technologies, driving demand for automotive IGBT chips modules. These vehicles require robust and efficient power electronics to handle heavy loads, demanding high performance from their IGBT modules. With the increasing focus on reducing emissions in commercial transportation, many fleets are transitioning to electric drivetrains, which necessitate advanced power conversion systems. IGBT modules are crucial in optimizing the performance of electric buses, trucks, and delivery vehicles, making them indispensable in the transformation of the commercial vehicle sector. This growing shift towards electrification within commercial fleets is poised to foster further growth in the IGBT modules market.

Passenger Vehicles:

The passenger vehicle segment remains a significant segment for automotive IGBT chips modules, driven by consumer demand for fuel-efficient and environmentally friendly options. Numerous vehicle manufacturers are incorporating hybrid and electric technologies into their offerings, making IGBT modules essential in these new platforms for effective power management. With consumers increasingly favoring vehicles that provide better fuel economy and lower emissions, the demand for IGBT modules is expected to grow. Additionally, advancements in vehicle technologies, including automated driving and enhanced vehicle connectivity, are likely to increase the complexity of power management systems, further driving the need for sophisticated IGBT modules in passenger vehicles.

By Distribution Channel

OEMs:

The original equipment manufacturers (OEMs) represent a critical distribution channel for automotive IGBT chips modules, as they are responsible for integrating these modules into new vehicle models. OEMs are increasingly focusing on enhancing the efficiency and performance of their vehicles, which has resulted in greater investments in advanced power electronics solutions, including IGBT modules. The growing trend towards electrification and the implementation of stringent emissions regulations have prompted OEMs to prioritize the incorporation of high-performance IGBT modules in their designs, which will drive significant growth in this distribution channel in the upcoming years.

Aftermarket:

The aftermarket segment is gaining traction as more consumers opt for vehicle modifications and enhancements that improve efficiency and performance. As the electric and hybrid vehicle markets expand, the demand for retrofitting existing vehicles with advanced IGBT modules is increasing among aftermarket players. This trend is driven by consumers' desire to improve fuel efficiency, reduce emissions, and upgrade existing vehicles to meet modern standards. The growth of hybridization and electrification trends is likely to spur the aftermarket demand for automotive IGBT chips modules, as vehicle owners seek to enhance the capabilities of their vehicles with the latest technologies.

By Component Type

IGBT Chips:

IGBT chips are the core components within automotive IGBT modules, facilitating efficient power switching capabilities. The increasing complexity of modern vehicle electrification systems necessitates the development of higher-performing IGBT chips that can handle higher voltages and currents while maintaining efficiency. As electric and hybrid vehicles proliferate, the demand for advanced IGBT chips is expected to rise significantly, driven by the need for better thermal management and switching performance. Manufacturers are investing in R&D to improve the performance of IGBT chips, which, in turn, will enhance the overall performance of automotive IGBT modules.

Heat Sink:

Heat sinks are critical components in automotive IGBT modules, as they manage the thermal performance of the module by dissipating heat generated during operation. The efficiency and longevity of IGBT modules are heavily influenced by effective thermal management, making heat sinks essential for maintaining optimal performance. As the demand for higher power outputs in electric and hybrid vehicles increases, the need for advanced heat sink designs that can efficiently manage heat loads is also rising. Consequently, the growth of the automotive IGBT chips modules market will be closely tied to innovations in heat sink technologies that improve thermal performance and power efficiency.

Power Source:

The power source component is vital in automotive IGBT modules, providing the necessary energy for operation. As the automotive industry continues to move towards electrification, the demand for reliable and efficient power sources is increasing. The design and integration of power sources within IGBT modules must consider factors such as compactness, efficiency, and reliability. Manufacturers are focusing on developing advanced power source technologies that can work seamlessly with IGBT modules, thereby improving the overall efficiency of electric and hybrid vehicles. As more automakers adopt electrification strategies, the demand for innovative power source designs in IGBT modules is expected to grow substantially.

Driver:

The driver component is responsible for controlling the switching of IGBT modules, playing a crucial role in the overall performance of automotive power electronics. As electric and hybrid vehicles increasingly incorporate more sophisticated electronic architectures, the demand for advanced drivers that enhance the performance of IGBT modules is growing. These drivers must ensure accurate and efficient control of switching operations, minimizing losses and improving system efficiency. The growing complexity of vehicle systems and the push for higher performance are driving innovations in driver technologies, which will significantly influence the automotive IGBT chips modules market in the coming years.

By Region

The Asia Pacific region holds a dominant position in the Automotive IGBT Chips Modules market, accounting for nearly 45% of the global market share in 2023. This region is witnessing rapid growth in the electric vehicle segment, driven by strong government policies promoting electric mobility and significant investments from key automakers. China, in particular, is at the forefront of this growth, with ambitious plans to expand its electric vehicle infrastructure and manufacturing capabilities. The continuous rise in urbanization and the increasing demand for cleaner transportation options further bolster the need for IGBT modules, making the Asia Pacific a key area for market growth.

North America follows as a significant market for Automotive IGBT Chips Modules, with a projected CAGR of 9.2% from 2025 to 2035. The region's focus on reducing emissions and promoting sustainable transportation solutions is driving the adoption of electric and hybrid vehicles, which in turn fuels the demand for advanced IGBT modules. The presence of several leading automotive manufacturers and technology companies also fosters innovation and competition within the market. Meanwhile, Europe continues to experience steady growth in the IGBT chips market, supported by stringent emissions regulations and a growing commitment to electrification among automotive manufacturers. The combined growth across these regions suggests a dynamic and competitive landscape for the Automotive IGBT Chips Modules market.

Opportunities

The Automotive IGBT Chips Modules market is poised to capitalize on several emerging opportunities, particularly in the realm of electric vehicle infrastructure development. As governments around the world continue to promote electric mobility through financial incentives and regulatory frameworks, the demand for charging stations and related infrastructure is expected to surge. This growth in infrastructure presents a significant opportunity for manufacturers of IGBT modules, as these components are critical for the efficient operation of charging systems. Additionally, the expansion of renewable energy sources, such as solar and wind, which often utilize IGBT technology for energy conversion, presents additional avenues for growth. The convergence of renewable energy and electric vehicles can drive innovations in IGBT module designs tailored for dual applications in automotive and energy sectors.

Furthermore, advancements in autonomous driving technology are creating new opportunities for the Automotive IGBT Chips Modules market. As vehicles become more electrified and integrated with advanced control systems, the demand for high-performance power electronics increases. IGBT modules play a crucial role in managing the power needs of complex automotive systems, providing efficient energy management necessary for autonomous operations. Manufacturers that focus on developing IGBT modules that can support these advanced applications, while also maintaining performance and reliability, will be well-positioned to leverage the opportunities arising from this technological evolution in the automotive landscape.

Threats

One of the primary threats to the Automotive IGBT Chips Modules market is the rapid pace of technological advancements leading to obsolescence. As newer and more efficient semiconductor technologies emerge, traditional IGBT modules may face competitive pressure from alternatives such as silicon carbide (SiC) and gallium nitride (GaN) devices. These newer technologies offer higher efficiency and better thermal performance, which can potentially lead to a decline in demand for traditional IGBT modules. Manufacturers must continually innovate and adapt their products to remain competitive, as failure to do so could result in loss of market share. Additionally, potential supply chain disruptions caused by geopolitical tensions, global pandemics, or natural disasters can pose significant risks to manufacturers and impact the availability of critical components, affecting the entire automotive supply chain.

Regulatory challenges also present a restraining factor for the growth of the Automotive IGBT Chips Modules market. As the automotive industry shifts towards electrification, regulatory bodies are continuously updating their standards regarding emissions and safety. Adhering to these evolving regulations can increase production costs and complicate the development process for automotive IGBT modules. Manufacturers face the challenge of ensuring that their products not only meet current regulations but are also adaptable to future changes. Failing to keep pace with regulatory requirements can hinder market access and limit opportunities for growth within specific regions. Thus, navigating this complex regulatory landscape is crucial for maintaining competitiveness in the automotive IGBT chips market.

Competitor Outlook

• Infineon Technologies AG
• SemiSouth Labs, Inc.
• ON Semiconductor Corporation
• STMicroelectronics N.V.
• ROHM Semiconductor
• Mitsubishi Electric Corporation
• Texas Instruments Incorporated
• Fuji Electric Co., Ltd.
• Hitachi, Ltd.
• Broadcom Inc.
• Fairchild Semiconductor International, Inc.
• Microchip Technology Inc.
• Vishay Intertechnology, Inc.
• NXP Semiconductors N.V.
• Renesas Electronics Corporation

The competitive landscape of the Automotive IGBT Chips Modules market is characterized by a dynamic mix of established players and emerging companies vying for market share. Leading manufacturers such as Infineon Technologies AG and ON Semiconductor Corporation are investing heavily in research and development to enhance the performance and efficiency of their IGBT products. These companies are focusing on innovations that cater to the growing demand for electric and hybrid vehicles, ensuring that their offerings meet the stringent requirements of performance, reliability, and cost-effectiveness. The presence of a diverse array of competitors enables a continuous flow of innovation, contributing to advancements in semiconductor technologies in the automotive sector.

Companies like STMicroelectronics and Mitsubishi Electric Corporation are also making significant strides in the automotive IGBT chips market. Their commitment to producing high-quality components designed for the next generation of electric and hybrid vehicles is evident in their extensive product portfolios and strategic collaborations with automotive manufacturers. The ability to leverage existing expertise in power electronics, coupled with a strong understanding of market trends and customer needs, positions these companies favorably for future growth. Moreover, partnerships with automotive OEMs can facilitate the integration of advanced IGBT modules into new vehicle models, further enhancing their market presence.

Additionally, emerging players in the Automotive IGBT Chips Modules market are capitalizing on the trend toward electrification and automation in the automotive industry. Companies such as SemiSouth Labs and ROHM Semiconductor are focusing on niche applications and developing specialized products that meet specific market demands. Their innovations are often characterized by superior thermal management capabilities and energy efficiency, making them attractive options for modern electric and hybrid vehicles. The competition among both established and emerging players is fostering a robust environment for ongoing technological advancements, ensuring that the IGBT chips modules market continues to evolve in alignment with the automotive industry's transformative trends.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Broadcom Inc.
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Hitachi, Ltd.
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 ROHM Semiconductor
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 SemiSouth Labs, Inc.
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Fuji Electric Co., Ltd.
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 NXP Semiconductors N.V.
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 STMicroelectronics N.V.
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Infineon Technologies AG
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Microchip Technology Inc.
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 ON Semiconductor Corporation
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Vishay Intertechnology, Inc.
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Texas Instruments Incorporated
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Mitsubishi Electric Corporation
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Renesas Electronics Corporation
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Fairchild Semiconductor International, Inc.
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Automotive IGBT Chips Modules Market, By Application
    • 6.1.1 Electric Vehicles
    • 6.1.2 Hybrid Vehicles
    • 6.1.3 Plug-in Hybrid Vehicles
    • 6.1.4 Commercial Vehicles
    • 6.1.5 Passenger Vehicles
  • 6.2 Automotive IGBT Chips Modules Market, By Product Type
    • 6.2.1 Discrete IGBT Modules
    • 6.2.2 IGBT Stack Modules
    • 6.2.3 Integrated IGBT Modules
    • 6.2.4 High Power IGBT Modules
    • 6.2.5 Low Power IGBT Modules

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Automotive IGBT Chips Modules Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Automotive IGBT Chips Modules market is categorized based on

By Product Type

• Discrete IGBT Modules
• IGBT Stack Modules
• Integrated IGBT Modules
• High Power IGBT Modules
• Low Power IGBT Modules

By Application

• Electric Vehicles
• Hybrid Vehicles
• Plug-in Hybrid Vehicles
• Commercial Vehicles
• Passenger Vehicles

By Region

• Asia Pacific
• North America
• Europe
• Latin America
• Middle East & Africa

Key Players

• Infineon Technologies AG
• SemiSouth Labs, Inc.
• ON Semiconductor Corporation
• STMicroelectronics N.V.
• ROHM Semiconductor
• Mitsubishi Electric Corporation
• Texas Instruments Incorporated
• Fuji Electric Co., Ltd.
• Hitachi, Ltd.
• Broadcom Inc.
• Fairchild Semiconductor International, Inc.
• Microchip Technology Inc.
• Vishay Intertechnology, Inc.
• NXP Semiconductors N.V.
• Renesas Electronics Corporation