Toshiba and Fuji Electric plan to invest US$1.9 billion in automotive power semiconductors

According to a report by the Nikkei Asian Review on December 15, Toshiba and Fuji Electric jointly invested 200 billion yen (approximately US$1.9 billion) to increase the production of energy-saving chips for electric vehicles, in order to adapt to governments around the world to support the industry of environmentally friendly electric vehicles Spring tide.

Until the fiscal year of March 2024, Toshiba will invest about 80 billion yen to increase the production equipment of the plant in Ishikawa Prefecture, Japan. The company also plans to increase the production capacity from the current 150,000 wafers to 200,000, in order to cooperate with Japan and Japan. The production capacity of Chinese automakers has increased, and Toshiba also plans to increase the sales of power semiconductors from the current 150 billion yen by 30% to 200 billion yen.

In addition, in the field of automotive power semiconductors, Fuji Electric will also invest 120 billion yen at home and abroad by fiscal year 2023. This fiscal year, the company's production capacity in Yamanashi Prefecture will increase by 30% over fiscal 2019.

Fuji Electric is a leading company in Japanese automotive power semiconductors, and its components have been widely used by Japan and other automakers. The company's goal is to make automobiles account for half of power semiconductor sales by fiscal year 2023, up from 35% in fiscal year 2019.

The latest data provided by British research company Omdia shows that the global power semiconductor market in 2019 was 1.46 trillion yen. Germany’s Infineon leads the market, while Japan’s Toshiba, Fuji Electric and Mitsubishi Electric have a 20% share.