Dynex Launches Next-Generation High-Power IGBT Modules, with Industry-Leading Performance
Listing: TSX Venture Exchange
Symbol: DNX
Reliability, efficiency and operating performance winning new orders
LINCOLN, England, Oct. 31, 2018 /CNW/ - Dynex Power Inc. (TSXV: DNX), a leading manufacturer of high power semiconductors and electronic equipment, is pleased to announce the launch of industry-leading high-power IGBT module technology, thereby refreshing the company's state-of-the-art IGBT offerings. These new modules cover a full range of power, up to 6.5kV at 1000A, 4.5kV at 1500A and 3.3kV at 1800A, and incorporate a choice of DMOS or latest-generation Trench-Gate technology.
The new Dynex high-power range includes IGBT modules, and associated diode modules with class-leading RBSOA performance, offering the following advantages over competitor products:
- Latest Generation Trench-Gate designs: offering up to 30% greater power density, incorporating Dynex-proprietary LOCOS gate technology.
- Chip options for performance optimization: a choice of up to 3 chip types per voltage level, allowing for exact tailoring and optimization of modules to specific customer applications.
- The most robust module package: ensuring the safest energy containment and protection of the surrounding environment, should there be an unplanned event in the power electronics system.
- 150ºC operating junction temperature: demonstrated best-in-class junction temperature, providing significant operating headroom for greater durability.
- Demonstrable lowest total losses of any module on the market: up to 10% lower losses than the next-closest competitor product, in a typical 2-level, 3-phase inverter.
Dr. Keith Ferguson, Dynex Chief Technology Officer commented, "These product releases are a culmination of several years of intense development of cutting-edge high-power semiconductors at Dynex. In addition to launching products that outperform our competitors and set a new benchmark for the industry, our strategy has focused on tailoring the performance of our IGBT modules to specific customer requirements. Therefore, not only are we announcing a brand new product range today, but we have also designed these products so that our customers can choose from a range of chip sets, ensuring the very highest efficiency and reliability for their specific applications. We are already working closely with a number of companies worldwide to bring them the benefits of selecting Dynex IGBTs, and expect this customer base to widen significantly in the coming months."
Mr. Clive Vacher, President and Chief Executive Officer, added, "With these new high-power IGBT modules, Dynex is aiming to have the highest-technology, most robust, product range in the industry. This market-leading technology is ready now, and has undergone extensive testing in some of the harshest conditions possible. We are in active discussions with customers on application of these modules in next-generation high-speed rail traction designs, as well as several power grid and industrial applications.
"I am delighted to see how the market is responding: in the past 3 months, our IGBT modules have won competitive bids from major international rail traction and power grid companies, based on our combination of cutting-edge technology, reliability and excellent commercial terms. In total for this 90-day period, we have secured sample or production IGBT orders from a total of 8 significant new and existing customers in Asia, Europe and the USA.
"Last year, as part of our strategic review, I pledged that Dynex would rapidly become the industry's technology leader. Today, we have completed a major step towards achieving my pledge. With our commitment to continuous innovation, and focus on providing enabling technology solutions to our customers, we will demonstrate further product developments on an ongoing and frequent basis."
Forward-looking Statements
In commenting on its expectations, the Company cautioned existing and potential shareholders about relying on the Company's expectations in that the Company's expectations contain forward looking statements and assumptions which are subject to the risks and uncertainties of the markets and the future, which could cause actual results to differ materially from expectations, and which are each difficult and subjective to forecast. Certain of those risks and uncertainties are discussed in the Management's Discussion and Analysis for the quarter ended March 31st, 2016 and include, among other things, risks and uncertainties relating to: the level of worldwide demand for power semiconductors and power semiconductor assemblies; the level of investment in power electronic equipment, electrification of transport systems, alternative power generation and high quality power transmission and distribution; and fluctuations in exchange rates between Canadian Dollars, Sterling, US dollars and Euros. As a consequence of these and other risks and uncertainties, shareholders and potential investors must make their own independent judgments about the accuracy and reliability of the Company's expectations. Dynex disclaims any intention or obligation to update or revise any forward looking statement whether as a result of new information, future events or otherwise.
About the Company
Dynex designs and manufactures high power bipolar semiconductors, high power insulated gate bipolar transistor (IGBT) modules and die, high power electronic assemblies and radiation hard silicon-on-sapphire integrated circuits (SOS IC's). The company's power products are used worldwide in power electronic applications including electric power transmission and distribution, renewable and distributed energy, marine and rail traction motor drives, aerospace, electric vehicles, industrial automation and controls and power supplies. The Company's IC products are used in demanding applications in the aerospace industry. Dynex Semiconductor Ltd is its only operating business and is based in Lincoln, England in a facility housing the fully integrated silicon fabrication, assembly and test, sales, design and development operations. In 2008, a majority of the shares of Dynex were acquired by Zhuzhou CSR Times Electric Co., Ltd. In April 2016 this company changed its name to Zhuzhou CRRC Times Electric Co., Ltd.
Zhuzhou CRRC Times Electric Co., Ltd. is based in Hunan Province in the People's Republic of China. It is listed on the Hong Kong Stock Exchange. CRRC Times Electric is mainly engaged in the research, development, manufacture and sales of locomotive train power converters, control systems and other train-borne electrical systems, as well as the development, manufacturing and sales of urban railway train electrical systems. In addition, CRRC Times Electric is also engaged in the design, manufacturing and sales of electric components including power semiconductor devices for the railway industry, urban railway industry and non-railway purposes.
Press announcements and other information about Dynex are available at www.dynexpower.com.
Further information on CRRC Times Electric can be found at www.timeselectric.cn/en.
All monetary values expressed in this release are in Canadian Dollars unless stated otherwise.
The TSX Venture Exchange has neither approved nor disapproved of the information in this press release.
SOURCE Dynex Power Inc.
Clive Vacher, President and Chief Executive Officer, Dynex Power Inc.; Dr. Keith Ferguson, Chief Technology Officer, Tel: +44 1522 500 500, Email: [email protected]
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