CEO Rom: Collaboration with Toshiba Power Devices May Extend from Production to Development
Isao Matsumoto, President and CEO of ROHM, stated that the company hopes to expand its power semiconductor partnership with Toshiba, covering not only production but also development.
Matsumoto said that these two companies hope to "discuss cooperation in development" after the successful launch of the power device joint production announced earlier.
Matsumoto Miyako said, "We will start with commissioned production and may enter the next stage. We hope to discuss cooperation in engineer communication and development in the future." When asked if such cooperation may lead to business integration in the future, he responded that "no decision has been made yet.".
In early December of this year, Toshiba and Rom announced a partnership to produce power semiconductors to strengthen their indispensable power semiconductor business in electric vehicles (EVs). Power semiconductors are used in products that can effectively control motors to reduce power consumption, and electric vehicles and power infrastructure have a significant demand for them.
Rom has a significant advantage in electric vehicle components, while Toshiba excels in railway and power applications.
Toshiba and Rohm will produce at their respective factories in Ishikawa and Miyazaki prefectures. The Japanese Ministry of Economy, Trade and Industry will provide subsidies of up to 129.4 billion yen (approximately 913 million US dollars) to cover a portion of the cost of the 388.3 billion yen project.
Toshiba will invest 2 trillion yen in privatization on December 20th through a domestic consortium of over 20 members led by the Japanese Industrial Partnership (JIP) private equity fund. ROHM has joined the investor group and invested 300 billion yen to purchase shares.
Matsumoto Miyako said, "We will start with commissioned production and may enter the next stage. We hope to discuss cooperation in engineer communication and development in the future." When asked if such cooperation may lead to business integration in the future, he responded that "no decision has been made yet.".
In early December of this year, Toshiba and Rom announced a partnership to produce power semiconductors to strengthen their indispensable power semiconductor business in electric vehicles (EVs). Power semiconductors are used in products that can effectively control motors to reduce power consumption, and electric vehicles and power infrastructure have a significant demand for them.
Rom has a significant advantage in electric vehicle components, while Toshiba excels in railway and power applications.
Toshiba and Rohm will produce at their respective factories in Ishikawa and Miyazaki prefectures. The Japanese Ministry of Economy, Trade and Industry will provide subsidies of up to 129.4 billion yen (approximately 913 million US dollars) to cover a portion of the cost of the 388.3 billion yen project.
Toshiba will invest 2 trillion yen in privatization on December 20th through a domestic consortium of over 20 members led by the Japanese Industrial Partnership (JIP) private equity fund. ROHM has joined the investor group and invested 300 billion yen to purchase shares.