MINEBEA MITSUMI Inc. announced that MITSUMI ELECTRIC Co., Ltd., a subsidiary of MINEBEA MITSUMI entered into an agreement with OMRON Corporation on June 30, 2021 for the acquisition of the semiconductor and MEMS fabrication plant and its MEMS product development function in OMRON's Yasu facility through MITSUMI.

The announcement stated that analog semiconductors are one of the important components that make up the Internet of Things (IoT) technology, which is also the business area MINEBEA MITSUMI has been focusing on. The company now plans to expand its analog semiconductor business by enhancing its product portfolio while entering new application markets.

MINEBEA MITSUMI emphasized that the acquisition of an 8-inch front-end process plant has become an urgent issue due to the recent increase in semiconductor demand and the shortage of production capacity. Although the Yasu factory in the agreement currently mainly produces MEMS products, it also has an 8-inch semiconductor front-end process.

After the acquisition is completed, the company will invest more than 10 billion yen to build a monthly production capacity of about 20,000 8-inch wafers in the factory.

MINEBEA MITSUMI’s main semiconductor products include power management ICs, timing ICs, MEMS sensors, magnetic sensors, automotive memories, and IGBT products suitable for consumer products, automotive applications, and medical equipment.