SCT DENSO and Mitsubishi Electric investing $1bn in Coherent’s silicon carbide business

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SCT DENSO and Mitsubishi Electric investing $1bn in Coherent’s silicon carbide business

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Materials, networking and laser technology firm Coherent Corp of Saxonburg, PA, USA says that automotive supplier DENSO Corp of Kariya, Aichi prefecture, Japan and Tokyo-based Mitsubishi Electric Corp have agreed to invest an aggregate $1bn in its silicon carbide business. The transaction results from Coherent’s strategic review process announced in May for the business...

Source: https://www.semiconductor-today.com/new ... 1023.shtml
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