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4-Traders Homepage  >  Equities  >  Tokyo  >  Fuji Electric Co Ltd    6504   JP3820000002

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Fuji Electric Hold. : Infineon and Fuji Enter Into Agreement for HybridPACKTM 2 Power Modules

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05/10/2012 | 03:25am CEST

May 10, 2012
Fuji Electric Co., Ltd.


Joint news release by Infineon Technologies and Fuji Electric

Neubiberg and Nuremberg, Germany and Tokyo, Japan - May 9, 2012 - Fuji Electric Co., Ltd., and the chip manufacturer Infineon Technologies AG (FSE/NYSE: IFX) serve the automotive industry by extending the supplier base for power modules deployed in automotive hybrid and electrical vehicles (HEV). Today at the PCIM Europe trade show (Nuremberg, Germany, May 8-10, 2012) the two companies announced their agreement on a joint common footprint for automotive IGBT power modules using the Infineon HybridPACKTM 2 power module. In response to the need for supply security for HEV power modules, Infineon and Fuji agreed on the size of the module, the position of pin-outs, the use of the pin-finned copper base plate and on other mechanical features. The agreement comprises a HybridPACK 2 module, the FS800R07A2E3 module featuring 650V/800A.

"With the world-wide requirements for saving fossil fuel and increasing kilometer-per-liter, the demand for hybrid and electric vehicles will increase further. A reliable dual-source supplier base of power module will be an important foundation for supporting the automotive industry to expand the lineup and the production of hybrid and electric vehicles," said Toru Hosen, President of the Power Semiconductors division at Fuji Electric Co., Ltd.
"This agreement also enables us to expand our product lineup."

"In its ambition to make cars clean, safe and affordable Infineon developed power modules to enable the use of hybrid and electrical motors in all vehicle classes," said Jochen Hanebeck, President of the Automotive division at Infineon Technologies AG. "The combination of our four decades of experience in power electronics and car electronics has resulted in our highly compact and reliable HybridPACK power modules. We are proud to serve the automotive industry with this agreement that caters for a reliable dual-source supplier base."


Availability

The HybridPACK 2 modules of Infineon are available in high-volume. Fuji plans to have power modules with HybridPACK 2 footprint available as of 2013.


About Fuji Electric Co., Ltd.

Fuji Electric is a global company with businesses focused on electric power, industrial systems solutions and public and industrial infrastructure. The company applies its superior expertise to the manufacture and selection of prime components for these major industrial areas, such as steam turbine generators for power generation plants. In addition, the company provides power semiconductors that are indispensable in the reduction of energy consumption in industrial machines, home appliances, automotive electronics, and magnetic discs used in PC disc devices. Fuji Electric also provides products closely linked to daily lifestyles, such as vending machines. Moving forward, Fuji Electric strives to expand its business in energy and the environmental technologies by fusing and strengthening its core technologies. Please refer to the following Web site for further information regarding Fuji Electric:
http://www.fujielectric.com/


About Infineon

Infineon Technologies AG, Neubiberg, Germany, offers semiconductor and system solutions addressing three central challenges to modern society: energy efficiency , mobility , and security . In the 2011 fiscal year (ending September 30), the company reported sales of Euro 4 billion with close to 26,000 employees worldwide. Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the over-the-counter market OTCQX International Premier (ticker symbol: IFNNY).
Further information is available at www.infineon.com.



Editorial contacts at Fuji Electric Co., Ltd.:

Power Module Planning Dept.
Phone: +81-3-5435-7067
Email: power-semicon@fujielectric.co.jp


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Financials ( JPY)
Sales 2017 829 333 M
EBIT 2017 -
Net income 2017 30 713 M
Debt 2017 140 710 M
Yield 2017 2,21%
P/E ratio 2017 11,10
P/E ratio 2018 10,18
EV / Sales 2017 0,59x
EV / Sales 2018 0,55x
Capitalization 352 341 M
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Michihiro Kitazawa President & Representative Director
Junichi Matsumoto Director, Executive Officer & Manager-Finance
Naoya Eguchi Director & General Manager-Technology Development
Hiroaki Kurokawa Independent Outside Director
Michio Abe Director & Senior Managing Executive Officer
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