INCJ To Invest In Power Semicon Maker

Innovation Network Corporation of Japan, private-public investment fund, announced that INCJ will underwrite new shares issued by Nihon Inter Electronics Corporation, a listed staggering manufacturer of discrete semiconductors and power module products, for 3.5 billion yen. INCJ will also provide management support through introducing new talents from outside. With this investment as a starting point, INCJ plans to aim for a reorganization of the power-modules market.