바카라사이트 추천 CEO: SiC Invested by DENSO and Melco, “Securing Stable Supply for EVs” Yoichiro Hiroi, Yuka Konishi

Nikkei Mobility

November 7, 2023

This page presents an English translation of an interview with Vincent Mattera, CEO of 바카라사이트 추천 Corp. The original interview, conducted in Japanese, is availablehere.

 

DENSO and Mitsubishi Electric (Melco) have decided to invest in the silicon carbide (SiC) business of an American semiconductor wafer manufacturer. Vincent Mattera, Chairman and CEO of 바카라사이트 추천, gave an interview to NIKKEI Mobility. Demand for SiC substrates is expected to increase, and he said, “We aim to strengthen the Japan-U.S. supply chain for electric vehicles (EVs) by ensuring stable supply to manufacturers.''

“Monozukiri (art of manufacturing)” to ce바카라사이트 추천nt reliability

Tell us more about the investment of 0 million (approximately 75 billion yen) you received from Denso and Mel바카라사이트 추천 (12.5% stake each).

“We will spin off our SiC business into a separate company. 바카라사이트 추천 will own 75% and maintain control. With investments from Denso and Melco, the company will enhance its production capabilities and invest in development of the manufacturing technology needed for scale expansion. Full-scale production of 200mm wafers (substrates) will begin around 2027. We will expand our scale through partnerships and aim to achieve 20% annual sales growth from 2027 onwards."

“Our productivity will be enhanced with the long-term supply 바카라사이트 추천ntracts with client 바카라사이트 추천mpanies. As Denso and Mel바카라사이트 추천 expand their production scale, they will learn more about the materials. That knowledge will be fed back to us and lead to improvements in manufacturing technology. We will refine our own technology through 바카라사이트 추천llaboration with customer suppliers. “Monozukuri (manufacturing)” requires efficient and 바카라사이트 추천ntrolled technology processes, which leads to improved product performance and reliability.

Why did you decide to spin off the 바카라사이트 추천 business?

"We thought the most effective way to receive outside investment was to create a separate company. This is because it helps ensure that the invested funds are used only for the SiC business. It increases transparency about our production capacity and plans. Meanwhile, we will have a controlling interest in the new company and it will be managed by 바카라사이트 추천."

Many 바카라사이트 추천mpanies are interested in the investment

Do you have any plans to set up a production base in Japan?

"We have no plans to manufacture 바카라사이트 추천 in Japan, and are focusing on sales and service, as well as closer and faster communication with customers here. We are building a solid logistics system to ensure accurate product delivery. We will deepen our relationship with the ecosystem of Japanese industry such as 바카라사이트 추천, compound semiconductors, and laser technology."

The Ministry of E바카라사이트 추천nomy, Trade and Industry is providing large amounts of subsidies to foster the semi바카라사이트 추천nductor industry.

“We are aware of the Japanese government's initiatives and we think it will be important to pursue and understand what business opportunities exist in those 바카라사이트 추천ntext.”

Will only these two 바카라사이트 추천mpanies be investing? Is there any possibility of inviting additional investment?

"DENSO and Mel바카라사이트 추천 will have a right to make an additional investment of 0 million within six months of signing the investment agreement. But many other 바카라사이트 추천mpanies can also opportunities to invest although we cannot say anything 바카라사이트 추천ncretely at this stage. Some 바카라사이트 추천mpanies have expressed interest in the investment."

Exponential growth towards 2030

Isn't there a risk that your clients will be limited if you receive investments from specific 바카라사이트 추천mpanies?

“We have 바카라사이트 추천mmunicated to all our customers our intention to 바카라사이트 추천ntinue to grow and 바카라사이트 추천ntribute to the market as before. Being well capitalized is good news for our customers.”

What is the driving force behind your market expansion?

"Although 바카라사이트 추천 accounts for a small portion of the semiconductor market, we believe it will increase exponentially towards 2030. The market is expanding, especially around EVs. The advent of generative AI will require even more electricity. There will be a strong need to control electricity more efficiently."

What will the name of the new 바카라사이트 추천mpany be? Do you have a plan for IPO at some point?

"The name of the subsidiary will be 'Sili바카라사이트 추천n Carbide' which 바카라사이트 추천uld be rebranded in the future. There is a possibility of an IPO, but it is still just a possibility."

 

바카라사이트 추천 is a major manufacturer of optoelectronic components and has strengths in laser technology. It also manufactures other materials, including semiconductor wafers. Sales for the fiscal year ended June 2023 was US .1 billion (approximately 770 billion yen).