# Zhenghai Group and ROHM form SiC power module JV in Shanghai

Zhenghai Group and ROHM signed a joint venture agreement to establish HAIMOSIC (SHANGHAI) CO., LTD. in China, owned 80% by Zhenghai Semiconductor and 20% by ROHM. The JV will develop and manufacture SiC power modules for EV traction inverters, with mass production starting in 2022.

- Type: Acquisition
- Announced: 2022-01-20
- Where: Shanghai, China
- Status: announced
- Products: SiC power modules
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [RÖHM Group](https://endata.com/companies/18449.md) (acquirer)
- [Zhenghai Group](https://endata.com/companies/58519.md) (acquirer)
- [HAIMOSIC (SHANGHAI) CO., LTD.](https://endata.com/companies/58520.md) (target)

## Sources

- [eletimes.ai](https://www.eletimes.ai/zhenghai-group-and-rohm-agree-to-establish-a-joint-venture-in-sic-power-module-business-2), 2022-01-20: "Zhenghai Group Co., Ltd. (Zhenghai Group) and ROHM Co., Ltd. (ROHM) have signed a joint venture agreement to establish a new company in the power module business."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.