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Toshiba and ROHM announced an investment of 388.3 billion yen (US$2.7 billion) in the joint production of power chips, the first collaboration since ROHM participated in the Toshiba acquisition.
Japan’s Ministry of Industry supports this cooperation to prevent the fragmentation of the domestic power chip industry. ROHM will invest 289.2 billion yen to produce silicon carbide power chips at the new plant, and Toshiba will invest 99.1 billion yen to produce silicon power chips at the new plant. Japan’s Ministry of Industry will provide subsidies of up to 129.4 billion yen.
The move is aimed at helping Japan’s power chip industry remain competitive, and the global power chip market is expected to increase to 5 trillion yen by 2030.
(Source: inquirer Image source: freepik)
