November 29, 2021

CHICAGO PIXELS

SEMICONDUCTOR RESEARCH CENTER

Transphorm’s strategic partner Yaskawa converts $15.6m of debt into common stock

Transphorm Inc of Goleta, near Santa Barbara, CA, USA — which designs and manufactures JEDEC- and AEC-Q101-qualified gallium nitride (GaN) field-effect transistors (FETs) for high-voltage power conversion applications — says that Yaskawa Electric Corp of Kitakyushu, Japan (a manufacturer of low- and medium-voltage variable-frequency drives, servo motors, machine controllers and industrial robots with over $3.7bn in annual revenues) has converted 100% of its $15.6m Transphorm convertible notes into shares of common stock at $5 per share…