Toshiba, Rohm to invest $2.7b to jointly produce power chips

Toshiba, Rohm to invest $2.7b to jointly produce power chips

FILE PHOTO: The logo of Toshiba Corporation is displayed at the company's building in Kawasaki, Japan, April 5, 2023. REUTERS/Androniki Christodoulou

Toshiba and Rohm said on Friday they would invest 388.3 billion yen ($2.7 billion) to jointly produce power chips, the first collaboration since Rohm’s participation in a $14 billion buyout of Toshiba.

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