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Richardson Electronics Teams Up With NoMIS Power to Develop Silicon Carbide Products
Richardson Electronics (RELL) said Wednesday it is launching a strategic partnership with NoMIS Power, a provider of silicon carbide power semiconductor technologies.Richardson said it will expand its portfolio of power products by using NoMIS Power's technologies.Financial details were not provided.Richardson shares were up over 8% in late morning trading.Price: $16.54, Change: $+1.25, Percent Change: +8.18%
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