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Coherent’s Silicon Carbide Semiconductor Business to Receive $1 Billion in Investments From Denso and Mitsubishi Electric

Coherent’s Silicon Carbide Semiconductor Business to Receive $1 Billion in Investments From Denso and Mitsubishi Electric
Coherent completes its previously announced strategic review of its silicon carbide business and plans to operate the business as an independent subsidiary DENSO and Mitsubishi Electric will each invest $500 million for a 12.5% non-controlling interest in the silicon carbide business Coherent to enter into long-term supply agreements with DENSO and Mitsubishi Electric to support […] The post Coherent’s Silicon Carbide Semiconductor Business to Receive $1 Billion in Investments From Denso and Mit... Read More
Posted: Oct 10 2023, 10:30
Author Name: forextv
Views: 102037

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