Benzinga | Feb 19, 2021 12:35PM EST

Richardson Electronics Expands Support For Wireless EV Charging Solutions With Celem's HTC Series Capacitors

* Richardson Electronics, Ltd. (NASDAQ: RELL) declared its capacity to provide enhanced support for Electric Vehicle (EV) Wireless Charging solutions with Celem's HTC series of high-temperature capacitors.

* Celem's HTC series of high-temperature capacitors is an antidote for EV and other applications in the absence of water-cooling.

* The capacitors are well equipped to resist vibration, have a smaller footprint, and entail less labor to install than ceramic capacitors.

* It uses high quality, high-temperature film, leading to higher power per volume and greater flexibility for customized solutions.

* "Celem's fully customizable HTC series of capacitors can handle high power and high temperatures and creates a more reliable solution for wireless power applications," said Richardson Electronics EVP Greg Peloquin.

* Price action: RELL shares are up 3.20% at $6.77 on the last check Friday.