Tokyo, Japan, April 11, 2012– Fuji Electric Co., Ltd. announced today that it has decided to establish post-processing production facilities in Shenzhen, China for the purpose of expanding its business in China’s power semiconductor market. At Fuji Electric (Shenzhen) Co., Ltd., located in Shenzhen, China, a new wing will be constructed and new assembly and testing lines for the post-processing of power semiconductors will be installed. Fuji Electric plans to increase production after the new wing is completed, boosting production capacity to 50,000 units per month.
This investment, which totaled approximately 1.53 billion yen, is scheduled to commence in September 2012. Fuji Electric estimates that the market for power semiconductors in China is worth about 300 billion yen and projects it to grow by over 8%※ by fiscal 2015. Accordingly, the Company regards this market in China as highly important. Through this investment, Fuji Electric will establish comprehensive operations spanning from development to sales of products tailored to the requirements of the local market, thereby realizing local production for local consumption and better enabling the Company to respond to exchange-rate fluctuations.
With experience in operating Fuji Electric’s photoconductor business in China, Fuji Electric (Shenzhen) Co., Ltd., has already established an efficient production system that capitalizes on its existing facilities and locally based staff. While Fuji Electric has established production facilities for post-processing production in Japan, Malaysia, and the Philippines, the establishment of this facility in China will enable it to further diversify risks and more effectively provide a stable supply of products to customers.
About Fuji Electric Corp. of America
Fuji Electric Corp. of America is a wholly owned subsidiary of Fuji Electric Co., Ltd., and has been responsible for sales and distribution of the company’s products since 1970. Fuji Electric Co., Ltd. has been developing power electronics equipment since 1923, and is a global leader in industrial products ranging from semiconductors, power supply, and power generation equipment to AC drives and electric vehicle charging stations. For more information please visit www.americas.fujielectric.com
Fuji Electric Marketing Manager