CONSOLIDATION IN THE INDUSTRY

Although the discrete power and module segment is a mature market, it is dominated today by Infineon, which has twice the revenue of the second manufacturer of these products, said Dr. Pierric Gueguen, business unit manager, Yole Développement. "In this market, this position is not adequate in the long term. We expect the market to continue consolidating to obtain more assets to compete with the market leader. The acquisition of IXYS is an example, as well as the acquisition of Fairchild by ON Semiconductor last year ". "With the acquisition of IXYS, Littelfuse confirms its presence and position as an IGBT provider," Gueguen added. "Littelfuse will benefit from IXYS device designs and module packaging knowledge.