Under such market conditions, TDK is currently strengthening its energy unit* business, which mainly consists of hardware in power conversion for hybrid, plug-in hybrid, and electric vehicles, as well as software that controls such hardware as strategic growth products in the medium to long term. TDK offers a lineup of products, such as DC-DC converters, on board chargers and wireless power transfer systems that are currently being developed.

The DC-DC converter in particular utilizes the magnetic material technologies that are the strength of TDK. They are one of the smallest in the industry and offer high efficiency and other product advantages that have won global recognition and a delivery record of more than 2.5 million units in aggregate.

Upon the establishment of the JV with Toshiba as described above, TDK's energy unit business is expected to expand tremendously, as the addition of automotive inverters to TDK's product lineup will broaden its product range and enable to meet diverse customer demand.

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