Rohm, Toshiba, Mitsubishi Electric to begin power chip integration talks, Nikkei says


FILE PHOTO: Semiconductor chips are seen on a printed circuit board in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo

TOKYO, March ⁠26 (Reuters) - Japan's Rohm, Toshiba and Mitsubishi ⁠Electric will start talks to ‌integrate their semiconductor businesses to form the world's second-biggest power chip group after Infineon, the ​Nikkei newspaper said on ⁠Thursday.

The three Japanese ⁠chipmakers may announce the start of the ⁠integration ‌talks as early as on Friday, Nikkei reported, ⁠adding that this could affect rival Denso's ​bid ‌to acquire Rohm.

Toshiba declined to comment, ⁠while ​Rohm and Mitsubishi Electric did not immediately respond to a Reuters request ⁠for comment.

With the integration, the ​companies aim to enhance cost competitiveness, Nikkei said.

Earlier this month, Toyota Motor supplier ⁠Denso had bid for Rohm, less than a year after the two companies agreed to form a strategic ​partnership in semiconductors with ⁠a focus on integrated circuits used ​in electric vehicles.

(Reporting by ‌Ritsuko Shimizu, Kantaro Komiya ​and Daniel Leussink; Editing by Muralikumar Anantharaman and Arun Koyyur)

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