Distribution Agreement with Sekorm Paves Way for B-TRAN Technology Expansion in World’s Largest Semiconductor Market
Ideal Power (IPWR), a leader in advanced semiconductor power switches, has announced a significant agreement with Sekorm Advanced Technology (Shenzhen) Co., Ltd. to distribute its B-TRAN bidirectional semiconductor power switch products across China. This deal marks a crucial step in the commercialization of Ideal Power’s innovative technology, enhancing the company’s ability to serve China’s industrial and automotive sectors—the largest markets for power semiconductors globally.
A Major Leap for B-TRAN Technology
The distribution agreement with Sekorm signifies a strategic move by Ideal Power to accelerate the adoption of its B-TRAN technology. B-TRAN is a patented bidirectional semiconductor power switch that offers higher efficiency and reduced energy losses compared to conventional power switches. By enabling bidirectional current flow with fewer switching losses, B-TRAN holds the potential to transform power conversion in various sectors, including electric vehicles (EVs), renewable energy, and industrial systems.
In commenting on the agreement, Dan Brdar, President and CEO of Ideal Power, emphasized the importance of Sekorm’s expertise in demand generation and technical sales in China. “This is a significant development in the commercialization of our B-TRAN technology as we add Sekorm as a third distributor for our products. Sekorm stands out for their expertise in demand creation throughout China, strong technical sales capability, and securing sales for new technologies,” said Brdar.
By leveraging Sekorm’s well-established presence in China’s semiconductor market, Ideal Power aims to secure orders that could lead to design wins or custom development agreements for its B-TRAN technology. This would not only drive revenue growth but also further validate the commercial viability of the company’s disruptive semiconductor solutions.
A Growing Network of Global Distributors
Sekorm is the third distributor added to Ideal Power’s expanding global network, which also includes Richardson Electronics, Ltd. and RYOSHO U.S.A., Inc. Richardson Electronics serves as a global distributor for Ideal Power’s products, while RYOSHO, a subsidiary of Japan’s RYODEN CORPORATION, provides distribution services with a strong foothold in the Japanese market.
This global distribution strategy is part of Ideal Power’s asset-light business model, which enables the company to focus on technological advancements and product commercialization without needing to invest heavily in manufacturing and infrastructure. Instead, the company leverages the existing distribution, sales, and support networks of its partners to drive demand and market penetration.
“Our agreements with distributors like Sekorm, Richardson Electronics, and RYOSHO help us tap into vast customer networks and gain traction in major markets, particularly in China and Japan,” Brdar noted. “By working with these demand-generation experts, we can expand the reach of our B-TRAN technology and position ourselves for greater success in the global power semiconductor market.”
China’s Semiconductor Market: A Key Opportunity
China is the world’s largest market for power semiconductors, driven by rapid growth in industries such as electric vehicles, industrial automation, and renewable energy. According to market research, China’s power semiconductor market is expected to grow significantly over the next decade as the country continues to invest in clean energy technologies and advanced manufacturing capabilities.
For Ideal Power, the partnership with Sekorm opens doors to this lucrative market. Sekorm’s established reputation in securing early sales for new technologies, combined with its technical sales capabilities, positions Ideal Power to effectively navigate the competitive landscape of China’s semiconductor industry.
Moreover, Ideal Power’s B-TRAN™ technology aligns well with China’s growing focus on energy efficiency and sustainability. With applications in electric vehicle powertrains, grid storage, and renewable energy systems, B-TRAN offers compelling advantages for Chinese manufacturers looking to enhance the efficiency of their power conversion systems and reduce overall energy consumption.
Looking Ahead
As Ideal Power continues to forge strategic partnerships and expand its global distribution network, the company is well-positioned to capitalize on the growing demand for more efficient power semiconductor solutions. The agreement with Sekorm Advanced Technology marks another milestone in the company’s mission to commercialize its B-TRAN technology on a global scale.
Ideal Power’s asset-light business model, combined with the expertise of its distribution partners, will allow the company to remain agile as it continues to innovate and bring its disruptive semiconductor solutions to market. With China’s semiconductor market poised for substantial growth, the Sekorm partnership could play a key role in Ideal Power’s long-term success and its ability to drive industry-wide transformation through B-TRAN technology.
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