Hitachi to transfer Hitachi Power Semiconductor Device shares to MinebeaMitsumi for further growth and corporate value enhancement of Hitachi Power Semiconductor Device

Hitachi to transfer Hitachi Power Semiconductor Device shares to MinebeaMitsumi for further growth and corporate value enhancement of Hitachi Power Semiconductor Device

TOKYO, Nov 2, 2023 – (JCN Newswire) – Hitachi, Ltd. (TSE:6501) has signed an agreement today to transfer all shares of its wholly owned subsidiary, Hitachi Power Semiconductor Device, to MinebeaMitsumi Inc. for further growth and corporate value enhancement ofHitachi Power Semiconductor Device.Reason for the Share TransferHitachi Power Semiconductor Device was established in October 2013 for the purpose of structuring an integrated system from design and manufacturing to sales in power semiconductor business by integrating the business of Hitachi and Hitachi Haramachi Electronics Co…
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