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Sanken Electric Co., Ltd. ( (JP:6707) ) has provided an announcement.
Sanken Electric Co., Ltd. has announced an absorption-type merger with its wholly owned subsidiary, POWDEC K.K., effective October 1, 2025. This merger aims to bolster Sanken’s competitive position in the rapidly expanding GaN power device market by integrating POWDEC’s advanced technologies. The merger is not expected to have a significant financial impact on Sanken’s consolidated results.
More about Sanken Electric Co., Ltd.
Sanken Electric Co., Ltd. operates in the semiconductor industry, focusing on the manufacture and sale of semiconductor devices and other electronic components. The company is particularly invested in the development of compound devices, with a strategic emphasis on GaN power devices, which are expected to see significant growth in the power semiconductor market.
Average Trading Volume: 147,336
Technical Sentiment Signal: Buy
Current Market Cap: Yen209.6B
For an in-depth examination of 6707 stock, go to TipRanks’ Overview page.