The new company, SEMIKRON-Danfoss, will have a workforce of over 3,500 power electronics specialists and a strong commitment to future investment.
In a joint press release, the companies declare that electrical energy will be the most important source of energy in the future; and the power semiconductor module is at the heart of all power electronics solutions. The global transition to greener energy, the electrification of the automotive industry will only increase the demand for power modules, which the new company seeks to support.
SEMIKRON-Danfoss will leverage its core business in industrial and renewable power module applications and use the partnership as it targets a leadership position in automotive power modules.
“SEMIKRON-Danfoss will set the trend and drive the technology transition to silicon carbide solutions in industrial and automotive applications,” the press release continues.
The new joint venture will be owned by the current owner families of SEMIKRON and the Danfoss Group, with Danfoss being the majority owner. The company will be managed by a joint management team.
SEMIKRON-Danfoss will retain the two main sites in Germany, Nuremberg and Flensburg. The current factories and sales offices of Semikron and Danfoss Silicon Power will also continue business as usual.