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Coherent’s Silicon Carbide Semiconductor Business Completes $1 Billion in Investments From DENSO and Mitsubishi Electric

Forex

<p>Silicon Carbide Substrate Coherent Corp. manufactures silicon carbide substrates for power electronics used in electric vehicles. DENSO and Mitsubishi Electric each invested $500 million for a 12.5% non-controlling interest in the silicon carbide semiconductor business Coherent entered into arm’s-length long-term supply agreements with DEN

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