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Discrete Diode Market size is set to grow by USD 867 million from 2024-2028, Increasing demand for iot devices boost the market, Technavio

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NEW YORK, Aug. 20, 2024 /PRNewswire/ — The global discrete diode market size is estimated to grow by USD 867 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  4.75%  during the forecast period. Increasing demand for iot devices is driving market growth, with a trend towards increasing acceptance of wearable devices. However, increase in design complexity due to miniaturization  poses a challenge. Key market players include ABB Ltd., Agilent Technologies Inc., Central Semiconductor Corp., Diodes Inc., Hitachi Ltd., Infineon Technologies AG, Littelfuse Inc., MACOM Technology Solutions Inc., Microchip Technology Inc., Mitsubishi Electric Corp., NXP Semiconductors NV, ON Semiconductor Corp., Panasonic Holdings Corp., Renesas Electronics Corp., ROHM Co. Ltd., Semtech Corp., Shindengen Electric Manufacturing Co. Ltd., STMicroelectronics International N.V., Texas Instruments Inc., and Vishay Intertechnology Inc..

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Discrete Diode Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 4.75%

Market growth 2024-2028

USD 867 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

4.45

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 72%

Key countries

China, US, South Korea, Taiwan, and Singapore

Key companies profiled

ABB Ltd., Agilent Technologies Inc., Central Semiconductor Corp., Diodes Inc., Hitachi Ltd., Infineon Technologies AG, Littelfuse Inc., MACOM Technology Solutions Inc., Microchip Technology Inc., Mitsubishi Electric Corp., NXP Semiconductors NV, ON Semiconductor Corp., Panasonic Holdings Corp., Renesas Electronics Corp., ROHM Co. Ltd., Semtech Corp., Shindengen Electric Manufacturing Co. Ltd., STMicroelectronics International N.V., Texas Instruments Inc., and Vishay Intertechnology Inc.

Market Driver

The wearable technology market, including devices such as smartwatches, fitness bands, heart rate monitors, smart glasses, and smart fabrics, is experiencing significant growth due to increasing consumer adoption. These devices integrate transceiver chips for communication and require specialized semiconductors, including discrete diodes, for power and energy efficiency. Major tech companies like Samsung Electronics and Apple are leading this market with innovative wearable products. The Internet of Things (IoT) is also gaining momentum and is expected to have a major impact on various aspects of our lives. The wearable tech market is a key contributor to IoT growth, driving the demand for advanced discrete diodes in semiconductor devices. As a result, semiconductor manufacturers are expanding their production facilities to meet the growing demand, making the global discrete diode market an attractive growth area during the forecast period. 

Discrete diodes are essential electronic elements in various industries, including consumer electronics, power systems, and automotive sectors. These semiconductor diodes work based on PN junctions, allowing current transmission in one direction while blocking it in the opposite direction. The market for discrete diodes is growing due to their usage as rectifiers, switches, limiters, and in power electronics. Key segments include power diodes, Schottky diodes, and integrated circuits. Factors driving the market are vehicle electrification in the automotive industry, electric vehicles, and traction inverters. Decision-makers in electronic manufacturers, communication, computer, and automotive sectors should consider the trends in discrete diodes. Major players include Discrete Diode, Lucintel, and Data Bridge. Microeconomic factors, such as national economies and factory floor conditions, also impact the market. PORTER analysis and SVOR analysis can help understand the competitive landscape. Discrete semiconductors are essential passive components in advanced driver assistance systems (ADAS), portable products, and more. 

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Market Challenges

Discrete diodes are essential components in microelectronics, manufactured at tiny scales with unique technical challenges. Parameters such as shock dynamics, temperature drift, and contact dynamics must be addressed to meet the demands of miniaturized devices like tablets, smartwatches, and smartphones. Increasing consumer expectations for advanced features and longer battery life push vendors to innovate and invest heavily in manufacturing advanced, compact diodes. However, these investments increase manufacturing costs and reduce profitability, posing a significant challenge for vendors in the discrete diode market. This market growth may be hindered due to the high costs associated with producing advanced diodes to meet the stringent design requirements of wearable devices.The Discrete Diodes market is experiencing significant growth, driven by the Power Diode segment in various industries such as automotive and electronic products. The automotive sector, particularly vehicle electrification in electric vehicles and traction inverters, is a major contributor. Decision-makers in the electronic manufacturing industry face challenges in keeping up with the latest technology trends, including Discrete Semiconductors like diodes, varistors, and thyristors. Using tools like PORTER analysis and SVOR analysis, we can identify key factors influencing market growth. Microeconomic factors, such as national economies and factory floor costs, also play a role. Language and communication sectors, as well as the consumer electronic, computer, and automotive sectors, are major consumers of Discrete Diodes. Emerging trends include advanced driver assistance systems (ADAS) and the increasing use of Discrete Diodes in portable products. Companies like Data Bridge, Lucintel, and ASICS are leading players in this market.

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Segment Overview 

This discrete diode market report extensively covers market segmentation by  

Product 1.1 Power diodes1.2 Small signal diodes1.3 RF diodesEnd-user 2.1 Communications2.2 Computers2.3 Automotive2.4 Consumer electronics2.5 OthersGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Power diodes-  Power diodes are essential components in various electrical systems, primarily used for voltage clamping and as rectifiers, voltage multipliers, and freewheeling diodes. These diodes handle high power but operate at lower frequencies. The power diode segment dominates the global discrete diode market due to its extensive usage. Three main types of power diodes exist: Schottky diodes, fast recovery diodes, and general-purpose diodes. Schottky diodes are widely used in applications requiring sensitivity and efficiency due to their low heat generation. They are employed in standalone photovoltaic systems to prevent battery discharge at night and in grid-connected systems. Schottky diodes also serve as rectifiers in power supplies. The expanding demand for power supplies in domestic and industrial applications worldwide fuels the growth of the Schottky diodes market, contributing significantly to the power diodes segment of the global discrete diode market during the forecast period. General-purpose diodes are suitable for low-frequency applications (up to 1 kHz) and low-speed applications (up to 1-kHz), while fast recovery diodes are ideal for high-speed switching applications due to their short reverse recovery times (less than 5us). Power diodes’ versatility and wide application scope drive the market’s growth.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Learn and explore more about Technavio’s in-depth research reports

The Global Semiconductor Rectifiers Market is experiencing significant growth, driven by the rising demand for energy-efficient devices and the expanding automotive and consumer electronics industries. These rectifiers are essential in converting AC to DC, playing a crucial role in power supply systems. Key market players are focusing on innovation to meet the increasing need for compact and high-performance rectifiers. With advancements in technology and the growing adoption of renewable energy sources, the semiconductor rectifiers market is poised for robust expansion in the coming years.

Research Analysis

The Discrete Diodes Market refers to the segment of the electronics industry dealing with discrete semiconductor diodes. These electronic elements allow the controlled transmission of current in one direction while blocking it in the opposite direction. Discrete diodes are made up of PN junctions and are used as rectifiers, switches, limiters, and in various other applications. They are essential components in consumer electronics, power diodes, Schottky diodes, and integrated circuits. The market for discrete diodes is driven by the increasing demand for electronic components in various sectors, including vehicle electrification, electric vehicles, traction inverters, electronic assembly, portable products, and passive components. National economies with a strong focus on electronics manufacturing and innovation are expected to contribute significantly to the growth of the Discrete Diodes Market. Data Bridge Market Research projects the market to experience steady growth in the coming years.

Market Research Overview

Discrete diodes are essential electronic elements in various applications due to their ability to control the direction of current flow. Made from semiconductor materials, these components have PN junctions that allow transmission of current in one direction while blocking it in the reverse direction. They function as rectifiers, switches, limiters, and more in consumer electronics, power diodes, Schottky diodes, and integrated circuits. The Discrete Diodes Market is driven by the power diode segment in industries like automotive, electronic products, and vehicle electrification. Porter and SVOR analyses provide insights into market trends, competitive landscape, and microeconomic factors. Decision-makers in electronic manufacturers, national economies, and factory floors use these analyses to understand the discrete semiconductor market, which includes diodes, varistors, thyristors, and ASICs. Emerging trends in communication, computer, and consumer electronic sectors, advanced driver assistance systems, electric vehicles, traction inverters, and electronic assembly further boost the market.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductPower DiodesSmall Signal DiodesRF DiodesEnd-userCommunicationsComputersAutomotiveConsumer ElectronicsOthersGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Global AI Leader and Enterprise Transformation Visionary Zeya Ottomone Appointed Chief Executive Officer of Integrow

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Author of Empowered to Execute in the Agentic Era to Lead Next Generation of AI-Powered Enterprise Innovation

ATLANTA, July 24, 2026 /PRNewswire-PRWeb/ — Integrow announced the appointment of Zeya Ottomone as Chief Executive Officer, marking a significant milestone in the company’s evolution as it accelerates its vision to become a global leader in Agentic AI-powered enterprise software and business transformation.

Integrow announced the appointment of Zeya Ottomone as Chief Executive Officer, marking a significant milestone in the company’s evolution as it accelerates its vision to become a global leader in Agentic AI-powered enterprise software and business transformation.

With more than three decades of executive leadership spanning Fortune 500 enterprises, global technology organizations, and enterprise software innovation, Ottomone joins Integrow at a defining moment in the evolution of artificial intelligence.

Widely recognized for helping organizations modernize operations, simplify complex business ecosystems, and deliver measurable transformation outcomes, Ottomone has led some of the industry’s largest enterprise modernization initiatives across ERP, CRM, workforce management, cloud computing, cybersecurity, artificial intelligence, and intelligent automation. His appointment signals Integrow’s commitment to redefining how enterprises execute strategy in the era of autonomous AI.

“Artificial Intelligence is no longer about automation alone, it’s about empowering organizations to execute faster, make smarter decisions, and fundamentally rethink how work gets done,” said Zeya Ottomone, Chief Executive Officer of Integrow. “We’re entering the Agentic Era, where intelligent AI agents become trusted digital teammates capable of planning, reasoning, collaborating and executing alongside people. At Integrow, we’re building the enterprise platform that makes that future practical, secure and measurable for every organization.”

Ottomone is internationally recognized as a leader in enterprise technology, SaaS transformation, digital modernization and AI-enabled business strategy. Throughout his career he has held executive leadership and C-level positions with ABB, Honeywell, AmerisourceBergen, Cable & Wireless, Chicago Tribune and Rimini Street, leading global organizations through large-scale transformation initiatives across North America, Europe, Asia-Pacific and the Middle East. His expertise spans enterprise applications, Salesforce ecosystems, ServiceNow, ERP modernization, customer experience, intelligent operations, data strategy, and the emerging field of Agentic AI.

Before joining Integrow, Ottomone led global SaaS Centers of Excellence focused on enterprise transformation, helping organizations modernize critical business operations while reducing technology complexity and accelerating innovation. A certified Lean Six Sigma Master Black Belt and recognized executive advisor, Ottomone has consistently delivered operational excellence by combining strategic leadership with emerging technologies to create sustainable business value.

His appointment also coincides with the upcoming publication of his new book, Empowered to Execute in the Agentic Era, which explores how organizations can bridge the gap between strategy and execution by leveraging AI, empowering people, and building intelligent enterprises capable of continuous innovation. The book reflects many of the same principles that will guide Integrow’s next phase of growth: human-centered AI, intelligent automation, operational excellence, and measurable business outcomes.

Under Ottomone’s leadership, Integrow will accelerate investment across:

Agentic AIEnterprise AI PlatformsIntelligent ERPAI-powered CRMHuman Capital ManagementIT Service ManagementPredictive AnalyticsAutonomous WorkflowsEnterprise CopilotsIndustry-specific AI Solutions

The company’s vision is to deliver a unified enterprise platform where AI is embedded into every business process, enabling organizations to eliminate operational silos, automate decision-making, increase productivity, and create competitive advantage through intelligent execution. “Zeya represents exactly the type of visionary leader required for the next generation of enterprise software,” said Harvey Nicholson, Chair of Corporate Governance and Member of Integrow’s Board of Directors. “His global experience, deep understanding of enterprise technology, and forward-looking vision for Agentic AI position Integrow to become one of the industry’s most innovative AI-powered enterprise software companies.”

Wayne Gadson, Chair of Growth Strategy, added: “The future belongs to organizations that can execute strategy with intelligence, speed and confidence. Zeya has spent his career helping enterprises achieve exactly that. His appointment marks the beginning of an exciting new chapter for Integrow, our customers and our partners worldwide.” As enterprises face mounting pressure to modernize operations, reduce costs, improve workforce productivity and harness the power of artificial intelligence, Integrow is uniquely positioned to help organizations transform through a single AI-powered enterprise platform that unifies finance, operations, customer engagement, workforce management, projects and service delivery.

“Our mission is simple,” Ottomone concluded. “We don’t believe AI should replace people. We believe AI should elevate people. The organizations that will define the next decade won’t simply adopt AI—they’ll empower every employee to execute better decisions every day. That’s the future Integrow is building.”

About Integrow

Integrow is a global enterprise software company delivering next-generation AI-powered business applications built on Salesforce. The platform unifies ERP, CRM, Human Capital Management, IT Service Management, Project Management, Field Service, Finance and Operations into a single intelligent ecosystem enhanced by Agentic AI.

By embedding artificial intelligence into every workflow, Integrow enables organizations to modernize operations, accelerate innovation, improve decision-making and execute strategy with confidence.

For more information, visit www.integrow.com.

Media Contact

Media Team, Integrow, Inc., 1 855-333-4769, info@integrow.com, www.integrow.com 

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SOURCE Integrow, Inc.

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Lufax Announces Board and Management Changes

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SHANGHAI, July 24, 2026 /PRNewswire/ — Lufax Holding Ltd (“Lufax” or the “Company”) (NYSE: LU and HKEX: 6623), a leading financial services enabler for small business owners in China, today announced changes to its board of directors and senior management, effective July 25, 2026.

Ms. Fangfang Cai (“Ms. Cai”), Mr. Shibang Guo (“Mr. Guo”) and Mr. Peifeng Li (“Mr. Li”) have resigned as non-executive directors of the Company and from their respective positions on the Board’s committees. Mr. Tongzhuan Xi (“Mr. Xi”) has resigned as an executive director, the chief financial officer and the authorised representative of the Company (“Authorised Representative”) under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (“Hong Kong Listing Rules”), with effect from July 25, 2026. Each of the four directors cited personal work arrangements as the reason for their resignation and confirmed there is no disagreement with the Board and no matter relating to their departure that needs to be brought to shareholders’ attention.

The Company has begun a search for a new chief financial officer. During the transition, the CFO’s duties will be temporarily assumed by the Company’s internal team to ensure continuity of the Company’s financial functions. Mr. Xiang Ji, an executive director and the Company’s chief executive officer, has been appointed as the Authorised Representative, the Company’s designated liaison with the Stock Exchange under the Hong Kong Listing Rules, in place of Mr. Xi, with effect from July 25, 2026.

The Board has appointed Mr. Wai Kin Chim (“Mr. Chim”) as an independent non-executive director for an initial three-year term commencing July 25, 2026.

Mr. Chim, aged 65, has over 40 years of experience in international banking and extensive board experience in Asia Pacific, having worked in Hong Kong, Singapore and Beijing. He specializes in risk management and internal control, with a strong emphasis on corporate governance, credit risk, market risk and capital management.

Mr. Chim served as a loan officer at Standard Chartered Bank, Hong Kong Branch, from October 1985 to August 1988. He was then employed by Bankers Trust Company, Hong Kong Branch, as a vice president of the Asia Credit Department from September 1988 to October 1996. He subsequently served as the managing director and the chief credit officer for Deutsche Bank AG, a company listed on the Frankfurt Stock Exchange under ticker symbol DBK, for Asia Pacific (non-Japan Asia), from October 1996 to November 2006. He joined Bank of China Limited, a company listed on the Main Board of the Stock Exchange under stock code 3988, as the chief credit officer from March 2007 to March 2015.

Mr. Chim was an independent non-executive director of Standard Chartered Bank (China) Limited from October 2015 to October 2017. He served as an independent non-executive director of HDR Global Trading Limited, owner and operator of the BitMEX digital asset trading platform, from February 2021 to February 2022. Mr. Chim served as a non-executive director of China Chengtong Hong Kong Company Limited from July 2022 to June 2025. Mr. Chim is currently an independent non-executive director of OCBC Bank (Hong Kong) Limited, since November 2017; an independent non-executive director of Banco OCBC (Macau), S.A., since August 2023; an independent non-executive director of China Intellogis Technology Co., Ltd., since June 2024; and a director of Hong Kong Dance Company Limited since June 2026.

Mr. Chim obtained a Bachelor of Science degree from the Chinese University of Hong Kong in 1983 and an MBA degree from Indiana State University, USA, in 1985. He also graduated from the Senior Executive Program at Columbia University in 2000.

In connection with these changes, with effect from July 25, 2026, Ms. Cai will step down from the Nomination and Remuneration Committee, and Mr. Koon Wing Ernest Ip has been appointed as a member to that committee. The Company’s Special Committee will comprise Mr. Dicky Peter Yip, Mr. Koon Wing Ernest Ip and Mr. Siu Hong Cheng, continuing under the chairmanship of Mr. Dicky Peter Yip, with effect from July 25, 2026.

The Board would like to take this opportunity to thank Ms. Cai, Mr. Guo, Mr. Li and Mr. Xi for their service during the tenure of their office and warmly welcome Mr. Chim to the Board.

About Lufax

Lufax is a leading financial services enabler for small business owners in China. The Company offers financing products designed principally to address the needs of small business owners. In doing so, the Company has established relationships with 85 financial institutions in China as funding partners, many of which have worked with the Company for over three years.

Investor Relations Contact

Lufax Holding Ltd
Email: Investor_Relations@lu.com

ICR, LLC
Robin Yang
Tel: +1 (646) 308-0546
Email: lufax.ir@icrinc.com

 

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SOURCE Lufax Holding Ltd

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UMD Smith School Researchers Warn AI Security Lapses Highlight Urgent Need for Independent Oversight

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COLLEGE PARK, Md., July 24, 2026 /PRNewswire/ — A series of recent AI security lapses—including the OpenAI–Hugging Face breach—raises a fundamental question, say a pair of researchers at the University of Maryland’s Robert H. Smith School of Business: Can tech companies safely govern the powerful AI systems they build, or is stronger outside oversight now essential?

In its incident report, OpenAI confirmed that one of its experimental AI agents exploited a weakness in its testing environment while working on a routine benchmark task. The system wasn’t instructed to behave maliciously; instead, its persistence turned a small design flaw into a real escape. Earlier tests showed similar behavior, including agents that learned to bypass security checks by manipulating authentication tokens.

This pattern echoes findings from Dean’s Professor of Information Systems Siva Viswanathan at the Smith School, who studies how large technology platforms enforce rules. His research on mobile app privacy—published in Management Science—examined Google’s rollout of Android 6.0, which gave users more control over what data apps could collect. Developers were granted a flexible window to update their apps. Many used that flexibility to delay compliance for months, continuing to gather user data until Google imposed consequences such as lower search rankings and reduced visibility in its app store.

Viswanathan’s takeaway: when companies rely on voluntary compliance, self‑interested actors often exploit the slack. Real accountability requires pairing flexibility with firm, enforceable penalties.

That lesson now reverberates across the AI sector. As companies race to build increasingly capable systems, Viswanathan says oversight must treat these AI systems as strategic actors and must include strong safeguards that can pause or reverse a system before harm occurs.

He notes that a separate study from Anthropic underscores the stakes. In controlled tests, even an AI system designed to monitor another AI inherited the same flaws it was supposed to catch. In some cases, the “judge” model failed to flag clear sabotage because it agreed with the agent’s goals, allowing dangerous behavior to pass without human review.

Balaji Padmanabhan, Dean’s Professor of Decisions, Operations and Information Technologies and director of the Smith School’s Center for Artificial Intelligence in Business, extends Viswanathan’s governance argument into the realm of autonomous AI agents, warning that the same structural weaknesses now carry far higher stakes.

“The fact that this breach occurred organically without the AI agent being asked to be malicious is itself notable. Imagine what someone who actually intends to do harm can do. It’s also not terribly reassuring that the same firms we depend on for AI infrastructure, who are facing these issues, are the ones assuring enterprises that their systems with guardrails are perfectly safe,” says Padmanabhan. “We have to wake up to the fact that we’ve created capabilities that let software become as powerful as we want it to be—and then some. It’s time we seriously ask what’s needed to create an infrastructure to play defense well.”

Across the independent studies, the pattern is consistent, says Viswanathan: Voluntary compliance fails when the governed actor is more capable than the regulator. And AI systems cannot be governed by trust or good intentions alone. Oversight must be preventive, independent and capable of stopping harmful behavior before it spreads.

About the University of Maryland’s Robert H. Smith School of Business
The Robert H. Smith School of Business is an internationally recognized leader in management education and research. One of 12 colleges and schools at the University of Maryland, College Park, the Smith School offers undergraduate, full-time and flex MBA, executive MBA, online MBA, business master’s, PhD and executive education programs, as well as outreach services to the corporate community. The school offers its degree, custom and certification programs in learning locations in North America and Asia.

Contact: Greg Muraski, gmuraski@umd.edu

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SOURCE University of Maryland’s Robert H. Smith School of Business

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