Business Economy


Mitsubishi Electric will collaborate with ITRI in Taiwan to expand the use of high-capacity conversion systems

New Delhi, Oct 15 (UNI) Japan-based Mitsubishi Electric Corporation has announced that it has concluded a basic agreement with Industrial Technology Research Institute (ITRI) in Taiwan, an official statement said.
Under the agreement, Mitsubishi Electric’s advanced power semiconductor modules and Mitsubishi Electric Taiwan’s marketing capabilities will be combined with ITRI’s technology for efficiently converting high-voltage, high-current electricity.
The goal is to jointly develop a megawatt-class PCS prototype equipped with the power semiconductor modules for demonstration testing.
Now, Mitsubishi Electric and Mitsubishi Electric Taiwan aim to further expand their power semiconductor module businesses for PCSs by providing users with design information on PCSs that effectively utilize power semiconductor modules, as well as results obtained from the demonstration tests, as reference information.
ITRI, by providing design documents related to the construction of PCSs incorporating Mitsubishi Electric’s power semiconductor modules as well as results from the demonstration tests, as reference information to Taiwanese PCS manufacturers, aims to support product development by Taiwanese companies in related fields, the statement added.
The main goal of Mitsubishi Electric and ITRI is to contribute to the global green transformation (GX) by developing and expanding technology for the efficient conversion of electricity from renewable energy sources.
UNI SAS ARN
More News

Finshore Management Services opens Hyderabad office, expands presence in South India

16 Nov 2025 | 2:12 PM

Hyderabad, Nov 16 (UNI) Finshore Management Services Limited, a SEBI-registered Category I Merchant Banker, has opened a new branch in Hyderabad as part of its strategy to strengthen operations in South India and tap into one of the country’s fastest-growing SME ecosystems.

see more..

Market valuation of 8 of top 10 firms surges by over Rs 2 lakh cr

16 Nov 2025 | 2:01 PM

New Delhi, Nov 16 (UNI) In the past week, the combined market valuation of eight of the top 10 most valued companies surged by Rs 2,05,185.08 crore, with Bharti Airtel and Reliance Industries emerging as the biggest gainers.

see more..

India emerging as premium drinks hotspot: Portuguese Innovator

16 Nov 2025 | 12:35 AM

Bengaluru, Nov 15 (UNI) India's advancing cocktail culture is drawing international attention, with premium beverage innovators increasingly viewing the country as a high-growth frontier.

see more..

SBI chairman CS Setty visits Global Trade Finance Centre (GTFC) - Kolkata

15 Nov 2025 | 9:42 PM

Kolkata, Nov 15 (UNI) PSU lender State Bank of India’s chairman C S Setty, who today visited Global Trade Finance Centre in the city, said that the establishment of GTFC for centralization of processing of Trade Finance and International Banking transactions is aimed at enabling faster turnaround, stronger compliance and significant improved customer experience.

see more..

Kottayam-Kochi Rubber Market Rates

15 Nov 2025 | 9:01 PM

Kottayam, Nov 15 (UNI) Following were the Rubber Market rates announced by the
Rubber Board here today per quintal.

see more..