31 stories found
Japanese conglomerate Mitsubishi Electric has announced its intention to acquire US-based PCI Energy Solutions in a deal valued at $1.4 billion, expanding its presence in the energy sector.
Japan's Mitsubishi Electric has commenced the industrial buildup for the Global Combat Air Programme (GCAP) fighter jet. This marks a significant step in the development of the next-generation aircraft.
Mitsubishi Electric and Sony have formed a joint venture aimed at accelerating advancements in factory automation.
Mitsubishi Electric has wholly acquired Infostellar, a space-tech firm, expanding its capabilities in the space industry.
Leading designers in Bulgaria are increasingly selecting Mitsubishi Electric for sustainable residential and multi-functional projects, driven by informed buyers seeking real value, comfort, and lower operating costs in their homes.
Mitsubishi Electric announced plans to start shipping samples of its 5th-generation electric vehicle (EV) chips in June.
Katsumi Azuma, president of Rohm, a Kyoto-based semiconductor giant, stated that discussions for integrating power semiconductor businesses with Toshiba and Mitsubishi Electric are taking longer than initially anticipated.
Denso, a major Toyota Group auto parts manufacturer, has decided to withdraw its acquisition proposal for semiconductor giant Rohm. Meanwhile, Rohm, Toshiba, and Mitsubishi Electric have reached a basic agreement to begin discussions on integrating their power semiconductor businesses.
Japan's Mitsubishi Electric has developed new artificial intelligence technology designed to detect drunk driving by analyzing drivers' faces. This innovation aims to enhance road safety by identifying impaired drivers.
Japanese semiconductor giants Rohm, Toshiba, and Mitsubishi Electric have reached a basic agreement to begin discussions on integrating their power semiconductor businesses, crucial for electric vehicles and data centers, with Toshiba confirming negotiations are underway.
Mitsubishi Electric announced its decision to sell a 50% stake in its automotive parts unit to Foxconn, marking a significant business transaction between the two companies.
Mitsubishi Electric is aiming for global expansion in the smart energy sector through a new deal with PCI, signaling its commitment to sustainable technology.
Mitsubishi Electric has introduced S-EIV-X, a new product designed to boost the use of regenerative braking power.
Mitsubishi Electric is reportedly exploring a merger with Rohm and Toshiba, a move that would consolidate three major suppliers in the expanding power-chip segment of the electronics supply chain.
Mitsubishi Electric has been awarded a subsidy from JAXA for the development of a full digital satellite payload. This funding supports advancements in satellite technology.
Mitsubishi Electric has been awarded a subsidy from JAXA to advance the development of inter-orbit space vehicles.
Mitsubishi Electric is set to collaborate on the development of homegrown physical artificial intelligence and robotics technologies.
Foxconn and Mitsubishi Electric are exploring a strategic alliance to establish a joint operation focused on automotive equipment. This potential partnership aims to combine their expertise in the automotive sector.
Japan's Mitsubishi Electric has announced the development of new artificial intelligence technology capable of detecting signs of drunk driving by analyzing drivers' facial expressions.
Semiconductor giants Rohm, Toshiba, and Mitsubishi Electric are actively exploring a merger of their power semiconductor businesses, used in EVs and data centers. Mitsubishi Electric has joined existing negotiations between Rohm and Toshiba, with an announcement expected soon, as Rohm also considers an acquisition offer from Denso.
Mitsubishi Electric has announced its intention to acquire PCI Energy Solutions, a U.S. energy software company, for approximately $1.4 billion. This acquisition aims to expand Mitsubishi Electric's presence in the energy sector.
Mitsubishi Electric has reported its Q1 results, with GAAP EPS of ¥81.08 and revenue of ¥5181B, while also reaffirming its financial outlook for fiscal year 2027. The company provided an update on its performance and future projections.
Mitsubishi has introduced a new electric SUV, which, despite its conventional SUV appearance, aims to establish the brand in the electric vehicle market.
As Europe experiences record-breaking temperatures, Asian manufacturers of air conditioners, including Samsung, Midea, and Mitsubishi Electric, are seeing a significant increase in sales.
Mitsubishi Electric announced its plan to provide free design data for its next-generation power semiconductors, aiming to facilitate innovation and development in the industry.
Mitsubishi Electric has announced that it will begin shipping samples of its new NX-type IGBT modules, indicating advancements in its power semiconductor technology.
Toyota Group's Denso has formally decided to withdraw its acquisition proposal for semiconductor giant Rohm after failing to gain approval. Rohm plans to continue product development collaboration with Denso while pursuing integration of its power semiconductor business with Toshiba and Mitsubishi Electric.
Rohm, Toshiba, and Mitsubishi Electric have initiated discussions to integrate their power chip operations following an acquisition offer for Rohm by auto parts supplier Denso.
Ireland's Minister for Transport, Darragh O’Brien, expressed surprise at a dangerous driving ban issued to a Garda officer who was pursuing illegal scramblers, noting that 'Grace’s Law' clarifies such situations and removes any grey areas.
Mitsubishi Electric has invested in Sakana AI as part of its strategy to deepen its push into artificial intelligence.