Mitsubishi Electric has agreed to acquire buildings and land from Sharp Fukuyama Semiconductor, a wholly owned subsidiary of Sharp Corporation located in Fukuyama, Hiroshima Prefecture, Japan.
The acquired properties will serve as a new site where Mitsubishi Electric’s Power Device Works will process wafers for the manufacture of power semiconductors.
New production facilities scheduled to start up in November of next year will enable Mitsubishi Electric to expand its power device business. [Read more…] about Mitsubishi Electric to acquire Sharp factory to expand power device business