Compound semiconductors such as gallium nitride (GaN) are in high demand for the development of new 5G communication devices.
GaN offers superior efficiency and performance compared to traditional silicon semiconductor technology.
Monolithic Microwave Integrated Circuit (MMIC) chips are a key 5G component and help boost signals before they are transmitted from a base station to our smartphones and computers.
Radio frequency (RF) power amplifiers present one of the biggest market opportunities across the 5G network, with the global market set to grow to $9 bn by 2025.
Devices built using compound semiconductors – specifically gallium nitride (GaN) – are expected to occupy 25–35% of that addressable market, with a value of between $2.5 bn and $2.7 bn.