Nexperia and Mitsubishi Electric agree on strategic partnership for discrete SiC MOSFETs

Nexperia today announced that it has entered into a strategic partnership with Mitsubishi Electric Corporation to jointly develop silicon carbide (SiC) MOSFETs. This collaboration will see Nexperia and Mitsubishi Electric, both leading companies in their respective industries, join forces to push the energy
efficiency and performance of SiC wide bandgap semiconductors to the next level, while also responding to the rapidly growing demand for high efficiency discrete power semiconductors.

Mitsubishi Electric’s power semiconductor products help its customers to realize
significant energy savings in a range of segments, including automotive, home
appliances, industrial equipment and traction motors. It has a proven reputation as an
industry leader in the provision of reliable and high-performance SiC modules. These
devices are employed in Japan’s acclaimed high-speed Shinkansen trains which are
celebrated for their unsurpassed levels of efficiency, safety, and reliability.

Nexperia has decades of experience in component development, production and
qualification. Building on its reputation as a reliable, high-volume provider of
silicon semiconductors for basic commercial applications, Nexperia now also offers
high-quality wide bandgap devices designed to meet the growing demand for highly
efficient and reliable power semiconductors. With its European heritage and global
customer base in sectors ranging from automotive and industrial to mobile and consumer
applications it is a leading expert in discrete device packaging.

“This mutually beneficial strategic partnership with Mitsubishi Electric represents a
significant stride in Nexperia’s silicon carbide journey” according to Mark
Roeloffzen, SVP & General Manager Business Group Bipolar Discretes at Nexperia.
“Mitsubishi Electric has a strong track record as a supplier of technically proven SiC
devices and modules. Combined with Nexperia’s high-quality standards and expertise in
discrete products and packaging, we will certainly generate positive synergies between
both companies - ultimately enabling our customers to deliver highly energy efficient
products in the industrial, automotive or consumer markets they serve.”

Dr. Masayoshi Takemi, Executive Officer, Group President, Semiconductor & Device of
Mitsubishi Electric, said: “Nexperia is a leading company in the industry with proven
technology in high quality discrete semiconductors. We are delighted to have reached an agreement on a partnership for joint development that leverages the semiconductor technologies of both companies."

To learn more about Nexperia, visit: https://www.nexperia.com/

About Nexperia

Headquartered in the Netherlands, Nexperia is a global semiconductor company with a
rich European history and over 15,000 employees across Europe, Asia, and the United
States. As a leading expert, Nexperia designs, builds and delivers components that
enable the basic functionality of virtually every commercial electronic design in the
world – from automotive and industrial to mobile and consumer applications.

The company serves a global customer base, shipping more than 100 billion products
annually. These products are recognized as benchmarks in efficiency – in process,
size, power, and performance. Nexperia's commitment to innovation, efficiency,
sustainability, and stringent industry requirements is evident in its extensive IP
portfolio, its expanding product range, and its certification to IATF 16949, ISO 9001,
ISO 14001 and ISO 45001 standards.

About Mitsubishi Electric Corporation

With more than 100 years of experience in providing reliable, high-quality products,
Mitsubishi Electric Corporation (TOKYO: 6503) is a recognized world leader in the
manufacture, marketing and sales of electrical and electronic equipment used in
information processing and communications, space development and satellite
communications, consumer electronics, industrial technology, energy, transportation
and building equipment.
Mitsubishi Electric enriches society with technology in the spirit of its “Changes for
the Better.” The company recorded a revenue of 5,003.6 billion yen (U.S.$ 37.3
billion*) in the fiscal year ended March 31, 2023. For more information, please visit http://www.MitsubishiElectric.com
*U.S. dollar amounts are translated from yen at the rate of ¥134=U.S.$1, the
approximate rate on the Tokyo Foreign Exchange Market on March 31, 2023

For press information, please contact:

Nexperia

Anne Proch
Tel: +49 160 916 884 18
Email: anne.proch@nexperia.com

Publitek

Megan King
Tel: +44 7855060775
E-mail: megan.king@publitek.com