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Mitsubishi Electric Corporation announced its consolidated financial results for the second quarter (first half), ended September 30, 2024, of the current fiscal year ending March 31, 2025 (fiscal 2025).
Original – Mitsubishi Electric
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centrotherm international AG published preliminary, unaudited figures for the 2023 financial year in an ad hoc announcement. Accordingly, the Management Board anticipates total operating performance of around EUR 195 million with consolidated revenue of over EUR 150 million, and consequently lower total operating performance than forecast (forecast: EUR 220 million to EUR 260 million).
In contrast, EBITDA is expected to reach the forecast of a positive EBITDA in the low double-digit million range at EUR 19 million. At around EUR 270 million, the Group’s incoming orders will also be within the forecast range of EUR 250 million to EUR 350 million. The order backlog as at December 31, 2023 is expected to total around EUR 540 million.
Based on these positive preliminary business figures for 2023, the Executive Board believes that its strategy has been confirmed overall and has therefore decided today to examine strategic financing options. These options are aimed at further strengthening the company’s financial power in order to accelerate its continued growth and further strengthen its market position.
To this end, investments, particularly in research & development, the expansion of the product portfolio and in the global service network and customer service, are to be significantly increased. The possible financing options to be examined by the Management Board include, in particular, taking on a new strategic investor, carrying out capital increases, raising debt capital and issuing hybrid financial instruments such as convertible bonds or bonds with warrants.
Jan von Schuckmann, CEO of centrotherm international AG: “We are convinced that the potential expansion of our financial leeway can provide a strong new impetus for centrotherm’s future development, and that we can raise our innovative strength and market position to a new level. The timing for this is ideal to set the strategic course for an even stronger centrotherm at an early stage. This is particularly important for the sustainable success of our company and its employees in light of the anticipated global market growth and competitive environment.”
In recent years, centrotherm has successfully established itself as a technology provider and supplier of production solutions to leading manufacturers in both the semiconductor and photovoltaic industries. The product portfolio was significantly expanded as part of the sustainable diversification strategy. As a consequence, centrotherm is now the market leader with its product portfolio for high-temperature processes for silicon carbide wafers.
Its customer base includes leading global manufacturers in the semiconductor industry. The high demand for sensors and microelectronic components that are used in renewable energies, e-mobility and artificial intelligence applications are key drivers of the positive business trend. centrotherm aims to consistently continue its growth, and to exploit the diverse opportunities arising from its core expertise in thermal production solutions to the best possible extent.
Original – centrotherm international
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Interpretation
The words of which the initial letter is capitalized have meanings defined under the following conditions. The following definitions shall have the same meaning regardless of whether they appear in singular or in plural.
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For the purposes of this Privacy Policy:
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Collecting and Using Your Personal Data
Types of Data Collected
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While using Our Service, We may ask You to provide Us with certain personally identifiable information that can be used to contact or identify You. Personally identifiable information may include, but is not limited to:
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The Company may use Personal Data for the following purposes:
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We may share Your personal information in the following situations:
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Retention of Your Personal Data
The Company will retain Your Personal Data only for as long as is necessary for the purposes set out in this Privacy Policy. We will retain and use Your Personal Data to the extent necessary to comply with our legal obligations (for example, if we are required to retain your data to comply with applicable laws), resolve disputes, and enforce our legal agreements and policies.
The Company will also retain Usage Data for internal analysis purposes. Usage Data is generally retained for a shorter period of time, except when this data is used to strengthen the security or to improve the functionality of Our Service, or We are legally obligated to retain this data for longer time periods.
Transfer of Your Personal Data
Your information, including Personal Data, is processed at the Company’s operating offices and in any other places where the parties involved in the processing are located. It means that this information may be transferred to — and maintained on — computers located outside of Your state, province, country or other governmental jurisdiction where the data protection laws may differ than those from Your jurisdiction.
Your consent to this Privacy Policy followed by Your submission of such information represents Your agreement to that transfer.
The Company will take all steps reasonably necessary to ensure that Your data is treated securely and in accordance with this Privacy Policy and no transfer of Your Personal Data will take place to an organization or a country unless there are adequate controls in place including the security of Your data and other personal information.
Delete Your Personal Data
You have the right to delete or request that We assist in deleting the Personal Data that We have collected about You.
Our Service may give You the ability to delete certain information about You from within the Service.
You may update, amend, or delete Your information at any time by signing in to Your Account, if you have one, and visiting the account settings section that allows you to manage Your personal information. You may also contact Us to request access to, correct, or delete any personal information that You have provided to Us.
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Disclosure of Your Personal Data
- Business Transactions
If the Company is involved in a merger, acquisition or asset sale, Your Personal Data may be transferred. We will provide notice before Your Personal Data is transferred and becomes subject to a different Privacy Policy.
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Under certain circumstances, the Company may be required to disclose Your Personal Data if required to do so by law or in response to valid requests by public authorities (e.g. a court or a government agency).
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Security of Your Personal Data
The security of Your Personal Data is important to Us, but remember that no method of transmission over the Internet, or method of electronic storage is 100% secure. However, we use commercially acceptable means to protect Your Personal Data
- Links to Other Websites
Our Service may contain links to other websites that are not operated by Us. If You click on a third party link, You will be directed to that third party’s site. We strongly advise You to review the Privacy Policy of every site You visit.
We have no control over and assume no responsibility for the content, privacy policies or practices of any third party sites or services.
- Changes to this Privacy Policy
We may update Our Privacy Policy from time to time. We will notify You of any changes by posting the new Privacy Policy on this page.
We will let You know via email and/or a prominent notice on Our Service, prior to the change becoming effective and update the “Last updated” date at the top of this Privacy Policy.
You are advised to review this Privacy Policy periodically for any changes. Changes to this Privacy Policy are effective when they are posted on this page.
Contact Us
If you have any questions about this Privacy Policy, You can contact us by sending an email to news@powersemiconductorsweekly.com
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Qorvo® announced that its QSPICE™ circuit simulation software was honored as the Design Tool and Development Software Product of the Year at the 2023 Elektra Awards. This year’s Elektra Award winners were named at a ceremony in London on November 29, 2023, to recognize outstanding achievements by the most innovative and talented individuals and companies in the electronics industry.
Jeff Strang, general manager for Qorvo’s Power Management business, said, “We are extremely gratified to be recognized at this year’s Elektra Awards. Qorvo’s QSPICE represents a breakthrough in power and analog circuit design and development by improving simulation speed, functionality and reliability. We believe this prestigious industry award will encourage designers everywhere to leverage this powerful tool for their most complex projects.”
Qorvo’s winning product, QSPICE, is a new generation of circuit simulation software that offers significantly better SPICE basics, supports vast amounts of digital logic without performance penalties and provides the speed and accuracy required for reliable power electronics simulation. Since its introduction in July 2023, QSPICE has been downloaded by more than 15,000 users. QSPICE is available free of charge and actively supported by Qorvo as well as a robust user community through Qorvo’s QSPICE forum at http://forum.qorvo.com/.
The Elektra Awards are decided by an independent panel of senior representatives from end-user organizations, consultants and key industry players selected by the editors of Electronics Weekly. Every judge signs a non-disclosure agreement and must declare any association or involvement with any of the entries. Their meetings are held in private, confidential environments and all scores are collated, verified and averaged to determine the winners.
Original – Qorvo
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Queensland Semiconductor Technology (Quest) announced opening of its new sales, marketing, assembly and test facility in Coolum Beach. Based very close to the Sunshine Coast airport Quest is now able to ship its power semiconductors to the Australia domestic market. With the airport located within 5 minutes international shipping is swift.
Queensland Semiconductor Technology Pty Ltd stands as a beacon in the semiconductor industry, having established its foundation in Queensland. Quest offers high voltage switching SiC SBD technology that is paramount for transformative applications like electric vehicles, wind farms, and solar power generation. Additionally, product portfolio expands to SiC Mosfets, IGBTs, TCIGBTs & super junction Gan technology plus.
Original – Queensland Semiconductor Technology
