Global Power Semiconductor Market Size is Estimated to Reach USD 55 billion by 2030, Growing at a CAGR of 3.3%: Straits Research

New York, United States, March 05, 2024 (GLOBE NEWSWIRE) -- Power semiconductors perform the same functions as conventional semiconductors, albeit on a much bigger scale. These high-performance components can withstand electrical currents, voltages, and frequencies as high as several gigawatts. Like other semiconductor devices, power semiconductors are utilized to correct and amplify electrical signals and switch on and off the flow of electricity. These are often employed for industrial applications for th ...