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Mitsubishi bets on power chips to regain market share
Mitsubishi Electric Corp. is in talks with Japanese competitors about potential collaborations in the power semiconductor sector.
Japan faces strong competition in this sector, notably from Germany’s Infineon Technologies AG.
Mitsubishi holds 5.5% of the global market, trailing Infineon’s 22.8% and ON Semiconductor Corp.’s 11.2%.
Mitsubishi Electric sees power semiconductors as crucial.
The company is projecting a 20% profit increase in this segment this fiscal year.
Recent Mitsubishi Electric developments
| Timeline |
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06-Dec-2023 💼 My neighbor Southeast Asia: how Japanese firms can work with the region’s startups
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11-Oct-2022 🚀 One of the world’s biggest manufacturers is pumping $35m into startups
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30-Sep-2022 💰 SG software firm raises $1.5m from Mitsubishi Electric, others
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19-Feb-2015 🏠 I just saw the future of the smart home in the middle of Tokyo
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| 17-Feb-2015 🏙️ Mitsubishi’s new elevator, the world’s fastest, to debut in China’s tallest building |
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