DENSO And MITSUBISHI Electric Investing $1Bn in Coherent Silicon Carbide Business

    Automotive supplier DENSO Corp of Kariya, Aichi prefecture, Japan and Tokyo-based Mitsubishi Electric Corp have agreed to invest a combined $1bn in Coherent Corp's silicon carbide division, according to the materials, networking, and laser technology company. The silicon carbide (SiC)-based inverter was created by automotive supplier...

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