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Mitsubishi Electric buys stake in Novel Crystal Technology

What happened

Mitsubishi Electric has acquired an equity stake in Novel Crystal Technology, a developer of gallium oxide (β-Ga2O3) wafers. The move aims to accelerate R&D into next-generation, energy-efficient power semiconductors for decarbonization. Neutral: This is a long-term R&D investment with no immediate impact on trading supply, demand, or prices for existing components.

Impact and signal

Low impactImpact score: 15/100

Affected components and suppliers

Power Semiconductors (Ga2O3)
Mitsubishi ElectricNovel Crystal Technology
R&Dpartnershipwide-bandgap

Source and time

Source: Semiconductor Today · 7/28/2023 · View original source

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