Mitsubishi Electric and Denso to acquire 25% stake in Coherent's SiC business for $1B

Mitsubishi Electric and Denso will together acquire a 25% stake in Coherent's silicon carbide (SiC) business for $1 billion, aiming to secure a stable supply of the semiconductor material.

“Mitsubishi Electric and auto parts supplier Denso will together acquire 25% of U.S. materials maker Coherent's silicon carbide (SiC) business for $1 billion under an agreement announced Tuesday.”asia.nikkei.com

• 1 source
• asia.nikkei.comDenso, Mitsubishi Electric to invest $1bn in U.S. EV electronics firm - Nikkei AsiaYOICHIRO HIROI, Nikkei staff writerOct 10, 2023

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