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ROHM Develops New High-power-density SiC Power Modules
Market Chatter: Rohm Unveils Energy-Efficient Silicon Carbide Module for Faster EV Charging
ROHM continues to rise, as it is reported to be developing new products for power Semiconductors for in-vehicle Charging Guns for EVs.
Rohm <6963.T> continues to rise, momentarily reaching a high of 1,255 yen, up 22 yen. The Japan Economic News reported on the 24th that the company has developed a new product for power Semiconductors for onboard Charging Guns for EVs (Electric Vehicles), which has been taken as material. According to the paper, by using energy-efficient SiC (Silicon Carbide) and design innovations, the Electrical Utilities efficiency is 50% higher than that of common competing products. It is already confirmed that two overseas companies will adopt it, aiming for an annual revenue of 10 billion yen. At 9 AM
Panasonic HD, MITSUBISHI ESTATE, etc.
*Panasonic HD <6752> will supply Batteries for commercial EVs in the U.S., expanding beyond Tesla (Nikkei Industrial, page 3) - ○ *SANYO Trading <3176> is making aggressive moves with Fluororubbers, assigning dedicated personnel (Nikkei Industrial, page 4) - ○ *Rakuten <4755> Rakuten Mobile successfully enables direct video calls via satellite on commercial smartphones (Nikkei Industrial, page 4) - ○ *SBI HD <8473> and Sumitomo Corporation established a joint venture for AI and GPU rentals (Nikkei Industrial, page 4) - ○ *Alpha <3434> invested in a French company for Autos.
Hulic RE, Hisamitsu Pharmaceuticals, etc. (additional) Rating
Target Price Change Code Stock Name Securities Company Previous After---------------------------------------------------<2337> Ichigo SMBC Nikko 420 yen 430 yen <2579> Coca BJH Mizuho 2550 yen 2750 yen <3087> Doutor Nihon Res Morgan S 2500 yen 2700 yen <3295> Hulic RE Nomura 149000 yen 157000 yen <4530> Hisamitsu Pharma Mizuho 4700 yen 4850 yen <4
Trends in ADR on the 21st = Nidec Corporation Sponsored ADR, Keyence, ROHM, etc., are trading at lower values when converted to yen.
On the 21st, the ADRs (American Depositary Receipts) were lower across the board compared to the Tokyo closing prices in yen terms. In yen terms, Nidec Corporation Sponsored ADR <6594.T>, Keyence <6861.T>, Rohm <6963.T>, Sumitomo Trust <8309.T>, Softbank Group <9984.T>, and others were down. Hitachi <6501.T>, Panasonic <6752.T>, Olympus <7733.T>, NINTENDO CO LTD <7974.T>, and Sumitomo Mitsui <8316.T> were also weak. Provided by Wealth.