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Japan investing ¥70.5bn in ¥211.6bn joint DENSO–Fuji Electric plan to boost SiC power semi production

What happened

Japan's METI approved a ¥70.5bn subsidy for a ¥211.6bn joint investment plan by DENSO and Fuji Electric to boost domestic SiC power semiconductor production. This is part of Japan's national strategy to secure supply chains for next-generation automotive and industrial components. Bearish: The significant capacity expansion, backed by government funding, increases future supply, potentially easing long-term pricing pressure on SiC power devices.

Impact and signal

Medium impactImpact score: 60/100

Affected components and suppliers

SiC Power Semiconductors
DENSO CorpFuji Electric Co Ltd
capacity-expansionsubsidyjoint-venture

Source and time

Source: Semiconductor Today · 12/3/2024 · View original source

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