Japanese industrial conglomerate Toshiba said Friday it will start negotiations with Mitsubishi Electric and chipmaker Rohm to merge their power semiconductor businesses, as international competition over the sector heats up.<\/p>\n
The move comes as Japan has been pushing for a greater presence in the global semiconductor market.<\/p>\n
If realized, the alliance would create the world’s second-largest power chip group, according to local media.<\/p>\n
Billed as able to drastically reduce power loss, power semiconductors are seen as pivotal to sectors ranging from railway to automotive and renewable energy.<\/p>\n
Toshiba Electronic Devices & Storage Corporation (TDSC), a subsidiary of Toshiba, signed a memorandum of understanding to begin discussions with Mitsubishi and Rohm.<\/p>\n
“As the global competition over the semiconductor industry keeps intensifying, TDSC and Rohm have long explored the possibility of coordinating in the power semiconductor sector,” Toshiba said.<\/p>\n
With Mitsubishi Electric now on board, too, a merger would make “our business scale and technological infrastructure competitive in the global market,” Toshiba said.<\/p>\n
The agreement was also signed by Japan Industrial Partners and TBJ Holdings.<\/p>\n
Japan currently holds less than 10% of the global chip market, but the government is investing heavily in new factories in a bid to change that.<\/p>\n
Earlier this month, Prime Minister Sanae Takaichi’s administration set a new sales target for domestically produced microchips, aiming for an eightfold increase by 2040 compared with 2020 levels.<\/p>\n
The 2040 target of \u00a540 trillion ($250 billion) far exceeds sales of around \u00a55 trillion in 2020, according to figures from the ministry of economy, trade and industry.<\/p>\n","protected":false},"excerpt":{"rendered":"Japanese industrial conglomerate Toshiba said Friday it will start negotiations with Mitsubishi Electric and chipmaker Rohm to merge…\n","protected":false},"author":2,"featured_media":868,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[175],"tags":[217,215,1172,214,216,1173,1170,1171,260,1169],"class_list":{"0":"post-867","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-business","9":"tag-business-of-japan","10":"tag-chipmakers","11":"tag-japans-business","12":"tag-japanese-business","13":"tag-mergers","14":"tag-mitsubishi-electric","15":"tag-rohm","16":"tag-tech","17":"tag-toshiba"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts\/867","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/comments?post=867"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts\/867\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/media\/868"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/media?parent=867"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/categories?post=867"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/tags?post=867"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}