CG Power and Industrial Solutions Ltd (BOM: 500093, NSE: CGPOWER) said Thursday that its unit, Axiro Semiconductor, invested in ThinSiC, a US-based silicon carbide power-chip startup.
The company said Axiro led ThinSiC's latest financing round and will help bring the startup's silicon carbide technology to market under its long-term pact.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments