The new company will focus on the joint development, design, manufacturing, and sales of power modules utilizing silicon carbide (SiC) power devices, aiming to create a power module business ideal for traction inverters and other applications in new energy vehicles. The agreement enables the development of highly efficient power modules by combining the inverter technology of Zhenghai Group companies, the module technology of both companies, and ROHM's latest-generation SiC chips.
The module products to be developed through the new company are already slated for use in electric vehicles, with mass production set to begin in 2022.
Zhenghai Group and ROHM will collaborate closely with this new company to contribute to further technological innovation through the development and widespread use of SiC power modules.
Bi Bohai, Chairman of Zhenghai Group Co.
ROHM is a respected global leader in SiC devices. The establishment of a joint venture between ROHM and Zhenghai Group to develop the SiC power module business will undoubtedly bring new changes to the power module market. Over more than 30 years of development, Zhenghai Group has accumulated rich industrialization experience in many sectors, including rare-earth permanent magnets, regenerative medicine, automotive interiors, and electronic information. Zhenghai Group has decided to make the power module business a strategic one, providing it with the strongest support in terms of capital and human resources. By combining ROHM's advanced power device technology with Zhenghai's industrialization capabilities, we believe the joint venture will contribute to the development of China's power module industry.
Isao Matsumoto, President and CEO of ROHM Co., said: “
We are very pleased to establish a joint venture with Zhenghai Group, which has a wide range of businesses in China. As a leading company in SiC power devices, ROHM has been developing the world’s most advanced devices and providing power solutions along with peripheral components. The development of power modules in the new venture will encourage the use of SiC power devices in new energy vehicles, which are gaining momentum in China, as well as play an important role in researching other applications. Through the new venture’s business with Zhenghai Group, we aim for further development and growth for both companies.”
