Sirect Semiconductor and Lingsun Electronics to form joint venture for power semiconductors

Sirect Semiconductor and Dongguan Lingsun Electronics signed a memorandum of understanding to form a joint venture company (51% and 49% shareholding) specializing in third-generation wide bandgap power semiconductors, power factor correction, and bridge rectifiers. The JV plans to produce 600 million power devices annually within five years.

“A memorandum of understanding has been signed, which will be sent to the boards of directors of both sides for approval.”m.sirect.com

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• m.sirect.comSirect Semiconductor and Lingsun Electronics will form a joint venture company -Jan 8, 2018

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