MoU signed to discuss integrating Toshiba Electronic Devices & Storage’s semiconductor business, ROHM’s semiconductor business, and Mitsubishi Electric’s power device business
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Toshiba Corp has signed a memorandum of understanding (MoU) to discuss integrating its semiconductor business with ROHM Co Ltd and Mitsubishi Electric Corp. This collaboration aims to enhance competitiveness in the semiconductor industry amid rising global competition. The companies plan to explore joint manufacturing initiatives and have submitted a proposal to Japan’s Ministry of Economy, Trade and Industry for collaboration in power device production. No specific transaction terms or integration details have been finalized yet, as discussions are still in the early stages.
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