TOKYO – Mitsubishi Electric Corporation announced today that it has taken an equity position in Novel Crystal Technology, Inc., a Japanese company that develops and sells gallium-oxide wafers, a promising candidate for use in superior energy-saving power semiconductors that Mitsubishi Electric intends to develop at an accelerated pace in support of global decarbonization.

Novel Crystal Technology, one of the world's first companies to develop, manufacture and sell gallium-oxide wafers for power semiconductors has manufacturing technology that Mitsubishi Electric will use in its production of gallium-oxide power semiconductors.