Fuji Electric plans to increase its production capacity for next-generation power semiconductors by about 10 times by 2024

Create Date: 2024-8-30 12:03:23|Source: Fuji Electric/Fujielectric

On July 27, Fuji Electric plans to increase the production capacity of next-generation power semiconductors by about 10 times by fiscal 2024 to cope with the surge in demand for electric vehicles and other forms of electrically powered transportation, according to Nikkei.

According to the data, Fuji Electric is a leading enterprise in Japan's automotive power semiconductors, and its components have been widely used by Japan and other automobile manufacturers.

Previously, Fuji Electric had said that in the field of automotive power semiconductors, Fuji Electric will invest 120 billion yen in Japan and abroad by fiscal 2023.

Fuji Electric expects sales of its semiconductor-related business to increase by 53% from FY2018 to JPY 210 billion in FY2023. The company had set a five-year sales target of 200 billion yen, and the surge in market demand brought a windfall to the Japan company.
Fuji Electric plans to increase its production capacity for next-generation power semiconductors by about 10 times by 2024

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