Sumitomo acquire compound semiconductor materials business Hitachi Metals

Sumitomo to acquire compound semiconductor materials business of Hitachi Metals

11:37 AM, 3rd February 2015
Sumitomo to acquire compound semiconductor materials business of Hitachi Metals

TOKYO, JAPAN: Sumitomo Chemical has agreed to acquire compound semiconductor materials business of Hitachi Metals, Ltd. The acquisition is due to take place, effective April 1, 2015. The business that Sumitomo Chemical will acquire from Hitachi Metals includes those of compound semiconductor materials, such as gallium nitride (GaN) substrates, GaN epiwafers, and gallium arsenide (GaAs) epiwafers. As far as GaN substrates and epiwafers are concerned, Hitachi Metals is a forerunner in the field and boasts its state-of-the-art technology.

The acquisition will allow Sumitomo Chemical to expand its business of GaN substrates and epiwafers for use in electronic and optical components, for which the market is taking off on a full scale, while at the same time devoting its efforts to early commercialization of the products for use in power devices. In addition, the fusion of Hitachi Metals’ ample resources and superior mass-production technology and Sumitomo Chemical’s technological and other expertise will accelerate the Company’s work for commercialization of its next-generation GaN epiwafers that are currently under development. Regarding GaAs epiwafers, which Sumitomo Chemical has already commercialized, the Company will further strengthen its business foundation by making the best use of a reservoir of each other’s resources.

Sumitomo Chemical positions the compound semiconductor materials business for next-generation power devices as a promising area in its long-term business portfolio for the IT-related Chemicals Sector. The business acquisition will further reinforce the Company’s relevant operations, paving the way for becoming a leading company in the field.

 

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