DUBLIN, Oct. 1, 2021 /PRNewswire/ -- Navitas
Semiconductor today announced that Xiaomi has officially released
its new smartphone, the Xiaomi Civi, equipped with a 55W gallium
nitride (GaN) charger using Navitas' GaNFast™ power IC. In Xiaomi
tests, the charger powers the Civi's 4500mAh battery from 0 to 100%
in just 50 minutes. The lightweight, high-performance, full-power
55W GaN charger mirrors the thin and light features of the Civi,
bringing consumers an outstanding mobile experience.
"The 55W GaN charger jointly developed by Xiaomi and Navitas is a
flagship for Mi Fans." Xiang WANG, president of Xiaomi
The Civi is an important, contemporary model for Xiaomi,
targeting the young, female consumer market. It combines fashion
with innovative imaging technology and aims to channel a person's
natural self-confidence. The Civi uses the Qualcomm Snapdragon 778G
mobile platform, with a 6.55-inch curved OLED flexible screen with
120Hz refresh rate and Dolby Vision to deliver an accurate, dynamic
visual experience. Xiaomi has created an all-glass, anti-glare back
surface for a silky-smooth texture with no fingerprints. The Civi's
main feature package consists of a 32-megapixel front HD camera,
two front soft-lights, support for auto focus and Xiaomi's
picture-enhancement technology for optimal 'selfies'.
Even with such powerful, advanced technology and with a large
4500mAh battery, the Civi is a slimline 6.98mm thin, and a
featherweight 166g. For such a large-capacity battery, Xiaomi chose
the Navitas-enabled small and portable 55W charger, for quick
charging anytime, anywhere.
The Xiaomi Civi advances the brand's proposition of "innately
good-looking" and invited Tokyo Olympics shooting champion Qian
YANG to be the spokesperson. Xiaomi have delivered a high-quality
mobile experience and implements characteristics of lightweight,
compact and efficient technology. At the Civi's launch conference,
Xiaomi Civi product manager and brand spokesperson Siqi WEI said "A
powerful 55W means that every consumer can experience the
fast-charging fun of gallium nitride chargers."
Xiang WANG, partner and president of Xiaomi Group, said, "The
Xiaomi Civi demonstrates Xiaomi's emphasis on technological
exploration and user experience. We have fully considered the
majority of Mi Fans' aspirations for a mobile phone experience. The
55W gallium nitride charger jointly developed by Xiaomi and Navitas
is small and lightweight, which greatly relieves the pressure of
users to carry the charger when going out, and provides a flagship
for Mi Fans, with a high-class life experience."
Gallium nitride (GaN) devices are the leading-edge of power
semiconductor technology, operating 20x faster than traditional
silicon chips, and can achieve up to 3x more power or 3x faster
charging in half the size and weight. Navitas' GaNFast power ICs
integrates GaN power, GaN drive, protection and control. Xiaomi's
55W charger uses an NV6115 GaN power IC in a high-frequency
quasi-resonant (HQFR) flyback converter, and by using a
high-frequency planar transformer, it further reduces the size and
weight of the charger.
"We are very happy to partner with Xiaomi again with our
4th major Xiaomi smartphone platform to be powered by
our GaNFast chargers," said Gene SHERIDAN, Navitas' co-founder and
CEO. "Lightweight and compact GaN fast chargers target users who
like thin and light mobile phones, with a faster, safer and
reliable charging experience."
About Xiaomi
Xiaomi Corporation was founded in
April 2010 and listed on the Main
Board of the Hong Kong Stock Exchange on July 9, 2018 (1810.HK). Xiaomi is a consumer
electronics and smart manufacturing company with smartphones and
smart hardware connected by an IoT platform at its core.
Embracing our vision of "Make friends with users and be the
coolest company in the users' hearts", Xiaomi continuously pursues
innovations, high-quality user experience and operational
efficiency. The company relentlessly builds amazing products with
honest prices to let everyone in the world enjoy a better life
through innovative technology.
Xiaomi is one of the world's leading smartphone companies. The
company's market share in terms of smartphone shipments ranked no.
2 globally in the second quarter of 2021. The company has also
established the world's leading consumer AIoT (AI+IoT) platform,
with 374.5 million smart devices connected to its platform
(excluding smartphones and laptops) as of 31
March 31, 2021, excluding smartphones and laptops. Xiaomi
products are present in more than 100 countries and regions around
the world. In August 2021, the
company made the Fortune Global 500 list for the third time,
ranking 338th, up 84 places compared to 2020.
Xiaomi is a constituent of the Hang Seng Index, Hang Seng China
Enterprises Index, Hang Seng TECH Index and Hang Seng China 50
Index.
About Navitas
Navitas Semiconductor Limited is
the industry leader in GaN power IC's, founded in 2014. Navitas has
a strong and growing team of power semiconductor industry experts
with a combined 300 years of experience in materials, devices,
applications, systems and marketing, plus a proven record of
innovation with over 200 patents among its founders. GaN power ICs
integrate GaN power with drive, control and protection to enable
faster charging, higher power density and greater energy savings
for mobile, consumer, enterprise, eMobility and new energy markets.
Over 130 Navitas patents are issued or pending, and over 25 million
GaNFast power ICs have been shipped with zero reported GaN field
failures. On May 7th, 2021,
Navitas announced plans to "Go
Public at an Enterprise Value of $1.04 Billion via Live Oak II (NYSE: LOKB) SPAC
Business Combination".
Cautionary Statement Regarding Forward Looking
Statements
The information in this press release includes
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, as amended (the "Securities Act"), and
Section 21E of the Securities Exchange Act of 1934, as amended. All
statements, other than statements of present or historical fact
included in this press release, regarding the proposed transaction,
the ability of the parties to consummate the transaction, the
benefits of the transaction and the combined company's future
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or timely consummate the proposed transaction, including the risk
that any required regulatory approvals are not obtained, are
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ability of Live Oak II or the combined company to issue equity or
equity-linked securities in connection with the proposed
transaction or in the future; and (xii) those factors discussed in
Live Oak II's registration statement on Form S-4 (File No.
333-256880) (the "Registration Statement") filed with the
Securities and Exchange Commission (the "SEC") and Live Oak II's
final prospectus filed with the SEC on December 4, 2020 under the heading "Risk Factors"
and other documents of Live Oak II filed, or to be filed, with the
SEC.
If any of the risks described above materialize or our
assumptions prove incorrect, actual results could differ materially
from the results implied by our forward-looking statements. There
may be additional risks that neither Live Oak II nor Navitas
presently know or that Live Oak II and Navitas currently believe
are immaterial that could also cause actual results to differ from
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forward-looking statements reflect Live Oak II's and Navitas'
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that subsequent events and developments will cause Live Oak II's
and Navitas' assessments to change. However, while Live Oak II and
Navitas may elect to update these forward-looking statements at
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Important Information and Where to Find It
In
connection with the proposed transaction, Live Oak II has filed the
Registration Statement with the SEC, which includes a proxy
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Oak II's executive officers and directors in the solicitation by
reading Live Oak II's Annual Report on Form 10-K filed with the SEC
on March 25th, 2021 and
the proxy statement/prospectus and other relevant materials filed
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Contact Information
Stephen
Oliver, VP Corporate Marketing & Investor Relations
ir@navitassemi.com
Navitas Semiconductor, GaNFast, and the Navitas
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