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Rohm Proposes Strengthening Chip Tie-Up With Toshiba

Rohm has proposed strengthening a chip tie-up with Toshiba as international competition intensifies in the semiconductor industry.

The Japanese maker of chips and other electronics parts said Friday that it made the proposal to Tokyo-based private-equity firm Japan Industrial Partners to discuss various potential tie-ups in a wide range of operations, including development, production, sales, procurement and logistics for Toshiba's overall semiconductor business.

A consortium led by Japan Industrial Partners took Toshiba private last year. Rohm participated in the takeover.

Rohm said nothing has been discussed or decided with Japan Industrial Partners and Toshiba.

The Japanese company said it aims to strengthen an existing production tie-up with Toshiba for power chips. The company intends to discuss a possible investment in Toshiba's chip business at a later date, though that is outside the scope of the proposal this time, it said.

About Toshiba

Toshiba Corporation was founded in July 1875,is a diversified multinational company headquartered in Japan, primarily engaged in the research, development, manufacturing, and sales of electronic products, semiconductors, power systems, digital products, home appliances, and medical equipment. Toshiba is also one of the leading semiconductor manufacturers globally.

About ROHM 

ROHM Co., Ltd. is a Japanese electronic parts manufacturer that was established in 1958. With over 60 years of experience, ROHM has become a leading provider of semiconductors and electronic components. The company specializes in the production of ICs, discrete semiconductor devices, modules, and other related products.

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