Axiro Semiconductor announces strategic investment in ThinSiC Inc.

Axiro Semiconductor, a wholly owned subsidiary of CG Power & Industrial Solutions, today announced a strategic investment in ThinSiC Inc., a Silicon Valley-based semiconductor company developing next-generation low-cost silicon carbide (SiC) power devices.

Axiro joins ThinSiC as Lead Investor in its latest financing round and enters into a long term commercial partnership to support the development and commercialisation of ThinSiC's silicon carbide power device technology.

The investment advances Axiro's strategy of building a broad, high-performance semiconductor portfolio ? anchored in its core RF, mmWave, and advanced connectivity capabilities and now extending into power electronics, where silicon carbide is emerging as a viable alternative to silicon for applications in rail traction, industrial drives, and grid infrastructure.

Through CG Power's deep presence across India's power transmission and industrial infrastructure, Axiro is uniquely positioned to serve as a strategic commercial channel for ThinSiC's technology in India and beyond.