Japanese Toshiba, Mitsubishi, Rohm weigh merging power chip businesses

Tokyo: Japanese industrial conglomerate Toshiba said Friday it will start negotiations with Mitsubishi Electric and chipmaker Rohm to merge their power semiconductor businesses, as international competition over the sector heats up.

The move comes as Japan has been pushing for a greater presence in the global semiconductor market.

If realised, the alliance would create the world’s second-largest power chip group, according to local media.