Yoshifumi Kato has now been appointed President and Representative Director of the new company, which is subject to approval by the antitrust authorities. The company name is an acronym for "Mobility Innovative Research Institute for Semiconductors" and refers to the actual research purpose. At the same time, the words "Mirai" (Japanese for "future") and "Rise" are combined.
MIRISE will concentrate on three technology areas: Power electronics, sensors and SoCs (System-on-a-Chip).
In the field of power electronics, the company researches and develops mainly for in-house production (including contract manufacturing), using semiconductor material technology and manufacturing and design technology accumulated by Toyota and Denso in particular for hybrid vehicles. In the field of sensor technology, the company will both develop its own products and work closely with development partners. In the area of SoC, the company will determine the specifications of the optimal SoCs.
MIRISE also aims to cooperate with universities, research institutes, start-ups and companies.