Tag: $Mitsubishi Electric

Japan’s Denso, Mitsubishi Electric to invest $1 bln in Coherent’s silicon carbide unit

Oct 10 (Reuters) – Coherent (COHR.N), a major U.S. supplier of materials used to make chips for the automotive industry, said on Tuesday Japan’s Denso (6902.T) and Mitsubishi Electric (6503.T) will invest $1 billion in the company’s silicon carbide business.