IWatt Inc, a world-famous provider for green and energy-saving power management ICs, invested and established iWatt IC Science & Technology (Tianjin) Co., Ltd. in the Tianjin Economic & Technological Development Area the other day. In the next 3 years, iWatt will invest a total amount of 300 million yuan in the development area to comprehensively promote the IC design level in Binhai New Area, learned from the local Management Committee by our reporters.
Established in Silicon Valley of U.S.A in 2000 according to its background information, iWatt Inc. is a world-renowned company which is specialized in design, development and manufacture of green and energy-saving power management ICs. Their annual sales in 2011 exceeded 50 million dollars. The iWatt team made major breakthroughs in power supply control theory by using digital algorithms to replace traditional analog solutions，which widely reduced component count and consequently decreased cost while enhanced reliability of the products for customers.
IWatt is currently working with global market leaders in mobile phone, laptop and FPD, in particular, the global market share of semiconductor chips in the fields like power adaptors of smart phones, LED dimmable lighting driver etc. ranks first . Recently, the company launched the first LED driver IC for display backlighting with fully-integrated 32 channels and 64 channels which respectively achieved The Most Energy Conservation TV Award of 2011 and The Best TV Picture Quality Award of 2011.
The project invested in the Tianjin Economic & Technological Development Area this time, representing the top world level of IC design in this field, will not only have a promising market prospect, but also promote the IC design level entirely. It is predicted that the project will achieve 600 million yuan accumulated sales and 60 intellectual properties in the next 3 years.
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IWatt Inc, a world-famous provider for green and energy-saving power management ICs, invested and established iWatt IC Science & Technology (Tianjin) Co., Ltd. in the Tianjin Economic & Technological Development Area the other day. In the next 3 years, iWatt will invest a total amount of 300 million yuan in the development area to comprehensively promote the IC design level in Binhai New Area, learned from the local Management Committee by our reporters.
