Navitas Responds to Wolfspeed Patent Infringement Complaint

Key Highlights

• Wolfspeed filed a patent infringement complaint against Navitas Semiconductor.
• The complaint was filed in the United States District Court for the District of Delaware.
• Navitas disputes the allegations and stated it will vigorously defend itself and its products.
• Navitas expects to prevail in the litigation.
• The company highlighted its robust global intellectual property portfolio and decades of innovation.
• Navitas views the lawsuit as an attempt by Wolfspeed to gain an advantage outside of healthy competition.
• Navitas remains committed to executing its growth strategy and delivering innovative products.