# 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.

- Type: Investment
- Announced: 2023-12-08
- Where: Japan
- Value: $2.70B
- Status: announced
- Products: power chips
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Toshiba](https://endata.com/companies/8893.md) (investor)
- [RÖHM Group](https://endata.com/companies/18449.md) (investor)

## Sources

- [forbesmiddleeast.com](https://forbesmiddleeast.com/innovation/technology/toshiba-and-japanese-chipmaker-rom-are-investing-%2427-billion-together-to-produce-energy-chips), 2023-12-08: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.