Mitsubishi Electric Corporation will issue green bonds for the first time to raise funds for the construction of a silicon carbide (SiC) power semiconductor plant and the enhancement of related production facilities that handle products capable of contributing to decarbonization. Green bonds are any type of debt instrument issued by a corporation or municipality for…
TOKYO: Mitsubishi Electric Corporation (TOKYO: 6503) announced a USD 500 million (approx. 75 billion yen) investment in a new SiC power device business that will be spun off from Coherent Corp. (NYSE: COHR), its SiC substrate supplier. The aim is to grow its SiC power device business by enhancing its vertical integration with Coherent. SiC…
Mitsubishi Electric Corporation (三菱電機株式会社, Mitsubishi Denki kabushiki gaisha, also abbreviated as MELCO), established on 15 January 1921, is a Japanese multinational electronics and electrical equipment manufacturing company headquartered in Tokyo, Japan. It is one of the core companies of Mitsubishi. The products from MELCO include elevators and escalators, high-end home appliances, factory automation systems, train…