Mitsubishi Electric has announced plans to invest several billion yen to increase production.
In a release, the manufacturer said it will pump 6.5 billion yen into expanding its wafer production capacity for power devices by approximately 2.5 times that of the previous fiscal year.
The expansion, which will be conducted in several stages, will be completed by April 2011, the company said.
It also announced plans to invest 3.5 billion yen to increase its assembly and testing capacities.
Mitsubishi Electric said the increased capacity will mean it will be “better positioned to meet the rapidly growing demand for power devices”.
Power Devices
Power devices make electricity usage more efficient and help save energy in a wide range of electric equipment controlled by motors and inverters, such as industrial machinery, trains, hybrid or electric vehicles and home appliances.
With the strengthening of various environmental policies worldwide, global demand for power devices has soared in response to the increase in inverter-equipped air conditioners, hybrid or electric vehicles and the renewable energy market based on solar and wind power generation systems.
Mitsubishi Electric recorded consolidated group sales of 3,353.2 billion yen in the fiscal year ended March 31, 2010.
It is recognized as a world leader in the manufacture, marketing and sales of electrical and electronic equipment used in information processing and communications, space development and satellite communications, consumer electronics, industrial technology, energy, transportation and building equipment.
SOURCE: Mitsubishi Electric
Edited by Ellie Duncan
In a release, the manufacturer said it will pump 6.5 billion yen into expanding its wafer production capacity for power devices by approximately 2.5 times that of the previous fiscal year.
The expansion, which will be conducted in several stages, will be completed by April 2011, the company said.
It also announced plans to invest 3.5 billion yen to increase its assembly and testing capacities.
Mitsubishi Electric said the increased capacity will mean it will be “better positioned to meet the rapidly growing demand for power devices”.
Power Devices
Power devices make electricity usage more efficient and help save energy in a wide range of electric equipment controlled by motors and inverters, such as industrial machinery, trains, hybrid or electric vehicles and home appliances.
With the strengthening of various environmental policies worldwide, global demand for power devices has soared in response to the increase in inverter-equipped air conditioners, hybrid or electric vehicles and the renewable energy market based on solar and wind power generation systems.
Mitsubishi Electric recorded consolidated group sales of 3,353.2 billion yen in the fiscal year ended March 31, 2010.
It is recognized as a world leader in the manufacture, marketing and sales of electrical and electronic equipment used in information processing and communications, space development and satellite communications, consumer electronics, industrial technology, energy, transportation and building equipment.
SOURCE: Mitsubishi Electric
Edited by Ellie Duncan