The U.S. Environmental Protection Agency (EPA) held a webinar to review Draft 1 of Version 1.0 of ENERGY STAR® Smart Home Energy Management Systems (SHEMS). The intent of this program is to recognize smart home system packages that save energy and deliver cost savings and convenience by providing reliable vacancy detection, limiting standby power of connected devices, and providing users feedback on the energy impact of their settings. The key concept is that smart devices plus occupancy information plus automated services equal energy savings.
Power Integrations today announced new members of its InnoSwitch3 families of offline CV/CC flyback switcher ICs. The new ICs feature up to 95% efficiency across the full load range and up to 100 W in enclosed adapter implementations without requiring a heatsink. This groundbreaking increase in performance is achieved using an internally developed high-voltage GaN switch technology.
Power Integrations today announced financial results for the quarter ended June 30, 2019. Net revenues for the second quarter were $102.9 million, up 15 percent from the prior quarter and down six percent from the second quarter of 2018. Net income was $10.8 million or $0.37 per diluted share compared to $0.25 per share in the prior quarter and $0.51 in the second quarter of 2018. Cash flow from operations was $19.4 million for the second quarter.
The standard for ENERGY STAR Computers is under revision, and on April 16, representatives from the U.S. Environmental Protection Agency (EPA) held a webinar with stakeholders to discuss proposed updates in Draft 1 of ENERGY STAR Computers Version 8.0. According to the EPA, market penetration for desktop computers is currently 52% and for workstations 21%. As such, the EPA is proposing more stringent ENERGY STAR criteria for desktop products, consolidating desktop categories, reducing base allowances, and adjusting adders and mode weightings based on more recent data. For workstations, the EPA plans to maintain the existing energy requirements from Version 7.1.