Denso and Fuji Electric to get government aid for power chips

<!DOCTYPE html> <html itemscope itemtype="https://schema.org/NewsArticle" lang="en" xml:lang="en"> <head> <title> Denso and Fuji Electric to get government aid for power chips - The Japan Times </title> <link rel="icon" type="image/png" href="https://www.japantimes.co.jp/theme_japantimes/images/favicon.ico"/> <meta charset="utf-8"> <meta http-equiv="X-UA-Compatible" content="IE=edge"> <meta name="ROBOTS" content="index,follow"> <meta name="language" content="en"> <meta name="copyright" content="The Japan Times"> <meta name="format-detection" content="telephone=no"> <meta name="viewport" content="width=device-width, initial-scale=1, maximum-scale=1"> <meta name="robots" content="noarchive"> <meta name="cXenseParse:pageclass" content="article"> <meta name="description" content="Although Japanese companies have a large share of the global power semiconductor market, production volume per maker is smaller compared with European and U.S. peers."/> <meta name="keywords" content="Denso, Fuji Electric, CHIPMAKERS, TECH, MANUFACTURING"/> <meta property="article:tag" content="Denso" /> <meta property="article:tag" content=" Fuji Electric" /> <meta property="article:tag" content=" CHIPMAKERS" /> <meta property="article:tag" content=" TECH" /> <meta property="article:tag" content=" MANUFACTURING" /> <meta name="Idkeywords" content="132348"/> <meta name="pageType" content="article"/> <meta name="datePublished" content="2024-11-29 15:25:00"/> <meta name="dateModified" content="2024-11-30 08:58:28"/> <meta name="author" content="No Author"/> <meta property="article:author" content="/author/int-no_author"/> <meta name="cXenseParse:author" content="No Author" data-separator=","> <meta name="inLanguage" content="en"/> <meta property="fb:app_id" content="119406745111"/> <meta property="og:description" content="Although Japanese companies have a large share of the global power semiconductor market, production volume per maker is smaller compared with European and U.S. peers."/> <meta property="og:type" content="article"/> <meta property="og:locale" content="en_US"/> <meta property="og:title" content="Denso and Fuji Electric to get government aid for power chips"> <meta property="og:url" content="https://www.japantimes.co.jp/business/2024/11/29/companies/denso-fuji-electric-power-chip-aid/" /> <meta property="og:site_name" content="The Japan Times"/> <meta property="article:published_time" content="2024-11-29T15:25:00+09:00"/> <meta property="og:updated_time" content="2024-11-30T08:58:28+09:00"> <meta property="article:modified_time" content="2024-11-30T08:58:28+09:00"> <meta property="article:expiration_time" content="2025-11-29T15:25:00+09:00"/> <meta property="article:section" content="BUSINESS"/> <meta name="cXenseParse:articleid" content="619055"> <meta name="cXenseParse:jat-post-type" content="News"> <meta name="cXenseParse:jat-subcategory" content="Companies" data-separator=","> <meta name="cXenseParse:jat-credit" content="JIJI" data-separator=","> <meta name="cXenseParse:recs:recommendable" content="true"> <meta name="twitter:description" content="Although Japanese companies have a large share of the global power semiconductor market, production volume per maker is smaller compared with European and U.S. peers."/> <meta name="twitter:title" content="Denso and Fuji Electric to get government aid for power chips"/> <meta name="twitter:card" content="summary_large_image"/> <meta name="twitter:image" content="https://www.japantimes.co.jp/japantimes/uploads/images/2024/11/29/437209.jpg?v=3.1"/> <meta property="og:image" content="https://www.japantimes.co.jp/japantimes/uploads/images/2024/11/29/437209.jpg?v=3.1"/> <meta property="og:image:secure_url" content="https://www.japantimes.co.jp/japantimes/uploads/images/2024/11/29/437209.jpg?v=3.1"> <meta name="thumbnailUrl" content="https://www.japantimes.co.jp/japantimes/uploads/images/2024/11/29/437209.jpg?v=3.1"/> <meta itemprop="image" content="https://www.japantimes.co.jp/japantimes/uploads/images/2024/11/29/437209.jpg?v=3.1"/> <meta property="og:image:width" content="600"/> <meta property="og:image:height" content="315"/> <meta itemprop="identifier" content="619055"/> <meta itemprop="headline" content="Denso and Fuji Electric to get government aid for power chips"/> <meta itemprop="pageType" content="article"/> <meta itemprop="articleSection" content="BUSINESS"/> <meta itemprop="datePublished" content="2024-11-29 15:25:00"/> <meta itemprop="dateModified" content="2024-11-30 08:58:28"/> <meta itemprop="inLanguage" content="en"/> <meta itemprop="author" content="No Author"/> <meta itemprop="publisher" content="The Japan Times"/> <link href="https://www.japantimes.co.jp/business/2024/11/29/companies/denso-fuji-electric-power-chip-aid/" rel="canonical">  <script type="text/javascript"> ( function ( src ) { var a = document.createElement( 'script' ); a.type = 'text/javascript'; a.async = true; a.src = src; var b = document.getElementsByTagName('script')[0]; b.parentNode.insertBefore( a, b ) } )( "//experience-ap.piano.io/xbuilder/experience/load?aid=bWOWSdhXpj" ); </script>  <script async id="ebx" src="//applets.ebxcdn.com/ebx.js" data-applet-id="tscqcttc"></script> <script type="application/ld+json"> { "@context": "https://schema.org", "@type": "NewsArticle", "dateCreated": "2024-11-29T15:41:20+09:00", "datePublished": "2024-11-29T15:41:20+09:00", "dateModified": "2024-11-30T08:58:28+09:00", "url": "https://www.japantimes.co.jp/business/2024/11/29/companies/denso-fuji-electric-power-chip-aid/", "articleSection" : "BUSINESS", "headline": "Denso and Fuji Electric to get government aid for power chips", "description": "Although Japanese companies have a large share of the global power semiconductor market, production volume per maker is smaller compared with European and U.S. peers.", "keywords": "Denso, Fuji Electric, CHIPMAKERS, TECH, MANUFACTURING", "inLanguage": "en", "mainEntityOfPage":{ "@type": "WebPage", "@id": "https://www.japantimes.co.jp/business/2024/11/29/companies/denso-fuji-electric-power-chip-aid/" }, "thumbnailUrl": "https://www.japantimes.co.jp/japantimes/uploads/images/2024/11/29/437209.jpg?v=3.1", "image": { "@type": "ImageObject", "url": "https://www.japantimes.co.jp/japantimes/uploads/images/2024/11/29/437209.jpg?v=3.1" }, "articleBody": "The industry ministry said Friday it will provide aid of up to ¥70.5 billion to auto parts maker Denso and Fuji Electric for the joint production of power semiconductors.With the world aiming to promote decarbonization, demand for power semiconductors, used in electric vehicles and other products, is expected to grow. By supporting the two companies, the ministry hopes to strengthen domestic production.The total cost for the Denso-Fuji Electric joint power chip business is seen reaching ¥211.6 billion.", "author": { "@type": "Organization", "name": "The Japan Times" }, "publisher": { "@type": "Organization", "name": "The Japan Times", "url": "https://www.japantimes.co.jp/", "sameAs": ["https://twitter.com/japantimes","https://www.facebook.com/thejapantimes","https://www.instagram.com/thejapantimes/?hl=en","https://www.linkedin.com/company/the-japan-times"], "logo": { "@type": "ImageObject", "url": "/theme_japantimes/images/logo.svg", "width": 270, "height": 57 } }, "copyrightHolder": { "@type": "Organization", "name": "The Japan Times", "url": "https://www.japantimes.co.jp/" } } </script> <script> tp = window.tp || []; tp.push( [ "setContentSection", "business" ] ); tp.push( [ "setTags", [ "article","Business","Denso","Fuji 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class="bookmark-icon" title="Bookmark story" data-cms_article_id="619055" data-isBookmarked="0"><img src="/theme_japantimes/images/bookmark-icon.svg" alt="Bookmark story" /> <span>Bookmark story</span></a> <a class="copy-link" href="javascript:;"><i class="icon-link"></i> Copy link</a> </div> </div> <div class="publish-date">Nov 29, 2024</div> </div> </div> <div class="audio-player hidden no-print"> <script async defer src="https://proxy.beyondwords.io/npm/@beyondwords/player@latest/dist/umd.js" onload="new BeyondWords.Player({ target: this, projectId: 7914, sourceUrl: 'https://www.japantimes.co.jp/business/2024/11/29/companies/denso-fuji-electric-power-chip-aid/', highlightColor: '#EEEEEE', clickableSections: 'none', })"> </script> </div> <div class="article-body"> <p>The industry ministry said Friday it will provide aid of up to ¥70.5 billion to auto parts maker Denso and Fuji Electric for the joint production of power semiconductors.</p> <p>With the world aiming to promote decarbonization, demand for power semiconductors, used in electric vehicles and other products, is expected to grow. By supporting the two companies, the ministry hopes to strengthen domestic production.<div class='jt_content_ad DisplayAd' id='div-gpt-ad-1499653692894-0'><script>googletag.cmd.push(function() { googletag.display('div-gpt-ad-1499653692894-0'); });</script></div></p> <p>The total cost for the Denso-Fuji Electric joint power chip business is seen reaching ¥211.6 billion.</p> <p>Denso will expand two facilities to produce substrates for next-generation power semiconductors using silicon carbide (SiC) that can help reduce electricity consumption significantly. One of the two footholds is in the town of Kota in Aichi Prefecture and the other in the city of Inabe in neighboring Mie Prefecture.</p> <p>Fuji Electric will expand its plant in the city of Matsumoto, Nagano Prefecture, to manufacture SiC power semiconductors.</p> <p>Through the collaboration, the companies aim to produce 310,000 units of SiC power semiconductors annually. They will start supplying the chips in May 2027.</p> <p>Power semiconductors can control electric current and voltage. They are used in products such as consumer electronics and industrial machinery, as well as EVs.</p> <p>Although Japanese companies have a large share of the global power semiconductor market, production volume per maker is smaller compared with European and U.S. peers.</p> <p>The Japanese government is urging domestic companies to promote power semiconductor-related tie-ups, limiting its financial aid to projects involving investments of ¥200 billion or more.</p> <p>In December 2023, it decided to provide up to ¥129.4 billion for joint power semiconductor production by Toshiba and Rohm.</p> </div> </div> <div class="article-info"> <div class="ajax_article_info"> <div class="article-tags"> <h3>KEYWORDS</h3> <a href="/tag/denso" title="Denso" class="tag">Denso<span class="tag-link">(https://www.japantimes.co.jp/tag/denso)</span></a>, <a href="/tag/fuji-electric" title=" Fuji Electric" class="tag">Fuji Electric<span class="tag-link">(https://www.japantimes.co.jp/tag/fuji-electric)</span></a>, <a href="/tag/chipmakers" title=" CHIPMAKERS" class="tag">CHIPMAKERS<span class="tag-link">(https://www.japantimes.co.jp/tag/chipmakers)</span></a>, <a href="/tag/tech" title=" TECH" class="tag">TECH<span class="tag-link">(https://www.japantimes.co.jp/tag/tech)</span></a>, <a href="/tag/manufacturing" title=" MANUFACTURING" class="tag">MANUFACTURING<span class="tag-link">(https://www.japantimes.co.jp/tag/manufacturing)</span></a> </div> <div id="article-thumbs" class="owl-carousel owl-theme"> <div class="item"> <div class="layout-ratio"> <a href="https://www.japantimes.co.jp/japantimes/uploads/images/2024/11/29/437209.jpg" class="fresco" data-fresco-group="thumbs_images" data-fresco-caption="The industry ministry plans to provide aid of up to ¥70.5 billion to auto parts maker Denso and Fuji Electric for the joint production of power semiconductors. | JIJI " data-fresco-group-options="ui: 'inside'" title="The industry ministry plans to provide aid of up to ¥70.5 billion to auto parts maker Denso and Fuji Electric for the joint production of power semiconductors."> <img src="https://cdn4.premiumread.com/?url=https://www.japantimes.co.jp/japantimes/uploads/images/2024/11/29/437209.jpg&w=200&q=100&f=jpg" alt="The industry ministry plans to provide aid of up to ¥70.5 billion to auto parts maker Denso and Fuji Electric for the joint production of power semiconductors. | JIJI " onerror="this.src='https://www.japantimes.co.jp/japantimes/uploads/images/2024/11/29/437209.jpg';this.removeAttribute('onerror');"/> </a> </div> </div> </div> </div> <div class="share-bottom no-print"> <ul> <li class="twitter"><a href="https://x.com/intent/tweet?text=Denso and Fuji Electric to get government aid for power chips https://www.japantimes.co.jp/business/2024/11/29/companies/denso-fuji-electric-power-chip-aid/" target="_blank" title="X"><i class="icon-x"></i></a></li> <li class="facebook"><a href="https://www.facebook.com/sharer/sharer.php?u=https://www.japantimes.co.jp/business/2024/11/29/companies/denso-fuji-electric-power-chip-aid/" target="_blank" title="Facebook"><i class="icon-facebook-square"></i></a></li> <li class="linkedin"><a href="https://www.linkedin.com/shareArticle?mini=true&url=https://www.japantimes.co.jp/business/2024/11/29/companies/denso-fuji-electric-power-chip-aid/&title=Denso and Fuji Electric to get government aid for power chips" target="_blank" title="Linkedin"><i class="icon-linkedin"></i></a></li> </ul> </div> </div> <div class="subscribe no-print"> <p>In a time of both misinformation and too much information,<br/> quality journalism is more crucial than ever.<br>By subscribing, you can help us get the story right.</p> <a href="/sub/?utm_source=jto&utm_medium=general-box&utm_campaign=sub" >SUBSCRIBE NOW</a> </div> </div> <script type="text/javascript"> function thumbsSlider(){ $('#article-thumbs').owlCarousel({ loop: false, navRewind: false, margin: 0, autoplay: false, nav: true, dots: false, autoplayHoverPause: false, lazyLoad: true, smartSpeed: 700, navText: ['<span class="icon-arrow_back_ios"></span>', '<span class="icon-arrow_forward_ios"></span>'], responsive: { 0: { items: 4, slideBy: 1 }, 768: { items: 6, slideBy: 1 } } }); 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