Rohm, Toshiba, Mitsubishi advance power chip talks amid Denso bid

Following Toshiba's announcement and a Denso acquisition offer for Rohm, Rohm, Toshiba, and Mitsubishi Electric have begun discussions to integrate power chip operations, signaling realignment in Japan's sector.

Rohm, Toshiba, and Mitsubishi Electric have launched discussions on integrating their power chip operations, building on Toshiba's March 28 announcement to initiate merger talks and prompted by auto parts supplier Denso's offer to acquire Rohm, reports The Japan Times.

This step indicates accelerating consolidation in Japan's power chip industry, where these devices are vital for electric vehicles and renewable energy.

The development follows growing merger activity among Japanese firms aiming to boost competitiveness.

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South Korean and Japanese business leaders shake hands on Jeju Island after pledging enhanced AI and semiconductor cooperation.
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Korean and Japanese business lobbies pledge to boost AI and semiconductor cooperation

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South Korean and Japanese business lobbies met on Jeju Island to discuss ways to enhance cooperation in artificial intelligence and semiconductors. The two sides addressed shared challenges like population decline. They issued a joint statement vowing to build stable investment environments and supply chains.

Toshiba announced it will begin negotiations with Mitsubishi Electric and Rohm to merge their power semiconductor businesses. The development signals potential consolidation among Japanese firms in the power chip sector.

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Shares of Japanese chip parts maker Rohm surged 18% on Friday, marking the largest daily gain in 26 years, after receiving an acquisition proposal from auto parts supplier Denso. The stock hit its daily upper limit of ¥3,243 at close in Tokyo. Rohm has not made any specific decisions on the bid, the company stated.

Many major Japanese companies have agreed in full to unions' pay hike demands in this year's shunto negotiations. Close attention is on whether this momentum will spread to small companies, which employ about 70% of Japan's workers.

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Chinese semiconductor industry experts and executives express confidence in handling potential Japanese restrictions on photoresist exports to China, highlighting domestic alternatives and supply chain diversification. No production disruptions have been reported so far.

Japanese motorcycle manufacturers are developing new power sources to reduce carbon emissions. Executives believe motorcycles will eventually become electric, though challenges like high prices and lack of charging facilities persist.

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Building on plans for next week's G7 finance ministers' meeting, Japan is pursuing broader diplomatic outreach. Finance Minister Satsuki Katayama heads to the US starting Sunday for critical minerals talks, Defense Minister Shinjiro Koizumi meets his US counterpart Thursday, and Prime Minister Sanae Takaichi will summit with South Korea's Lee Jae-myung next week.

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