Toshiba and ROHM plan $2.7B power chip investment in Japan

Toshiba and ROHM plan to jointly invest about $2.7 billion (¥388.3 billion) in a project to produce power chips for electric cars and electronic devices. ROHM will invest $2 billion and Toshiba $686.8 million, with Japan's METI subsidizing up to $898.1 million.

“Toshiba and Rohm have decided to jointly invest about $2.7 billion (¥ 388.3 billion) in a project to produce power chips used in electric cars and electronic devices.”forbesmiddleeast.com

• 1 source
• forbesmiddleeast.comToshiba, Rohm Plan To Set Up $2.7B Power Chips ProjectYasmeen Elsayed, Antonio Pequeño IV, Fiona Riley, Khadijah KhogeerDec 8, 2023

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