TOKYO -- Fuji Electric plans to increase production capacity for next-generation power semiconductors by around 10 times in the four years through fiscal 2024 in anticipation of surging demand for use in electric vehicles and other forms of electrically powered transportation.
The company produces silicon carbide (SiC) chips, which provide a high degree of energy-saving performance. The chips are currently made for such applications as bullet train parts. But as it prepares to supply the automotive industry, it is readying mass production facilities in Japan.