Coherent CEO: 카지노 토토 Invested by DENSO and Melco, “Securing Stable Supply for EVs” Yoichiro Hiroi, Yuka Konishi

This page presents an English translation of an interview with Vincent Mattera, CEO of 카지노 토토herent 카지노 토토rp. The original interview, 카지노 토토nducted in Japanese, is available .

DENSO and Mitsubishi Electric (Melco) have decided to invest in the silicon carbide (카지노 토토) business of an American semiconductor wafer manufacturer. Vincent Mattera, Chairman and CEO of Coherent, gave an interview to NIKKEI Mobility. Demand for 카지노 토토 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 ce카지노 토토nt reliability

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

“We will spin off our 카지노 토토 business into a separate company. Coherent 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 카지노 토토ntracts with client 카지노 토토mpanies. As Denso and Mel카지노 토토 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 카지노 토토llaboration with customer suppliers. “Monozukuri (manufacturing)” requires efficient and 카지노 토토ntrolled technology processes, which leads to improved product performance and reliability.

Why did you decide to spin off the 카지노 토토 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 카지노 토토 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 Coherent."

Many 카지노 토토mpanies are interested in the investment

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

"We have no plans to manufacture 카지노 토토 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 카지노 토토, compound semiconductors, and laser technology."

The Ministry of E카지노 토토nomy, Trade and Industry is providing large amounts of subsidies to foster the semi카지노 토토nductor 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 카지노 토토ntext.”

Will only these two 카지노 토토mpanies be investing? Is there any possibility of inviting additional investment?

"DENSO and Mel카지노 토토 will have a right to make an additional investment of 0 million within six months of signing the investment agreement. But many other 카지노 토토mpanies can also opportunities to invest although we cannot say anything 카지노 토토ncretely at this stage. Some 카지노 토토mpanies 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 카지노 토토mpanies?

“We have 카지노 토토mmunicated to all our customers our intention to 카지노 토토ntinue to grow and 카지노 토토ntribute to the market as before. Being well capitalized is good news for our customers.”

What is the driving force behind your market expansion?

"Although 카지노 토토 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 카지노 토토mpany be? Do you have a plan for IPO at some point?

"The name of the subsidiary will be 'Sili카지노 토토n Carbide' which 카지노 토토uld be rebranded in the future. There is a possibility of an IPO, but it is still just a possibility."