Toshiba and Rohm are to invest $2.7 billion in power ICs

Rohm Corporation and Toshiba

Rohm Corporation, a leading semiconductor manufacturer, has announced a substantial investment of $2 billion in a state-of-the-art Silicon Carbide (SiC) manufacturing plant in Kyushu, solidifying its commitment to technological advancement and industry leadership. In parallel, Toshiba, a renowned electronics conglomerate, is set to inject $700 million into establishing a cutting-edge semiconductor fabrication facility in Ishikawa. These significant ventures underscore the growing emphasis on advanced semiconductor technologies in Japan's industrial landscape.

Supporting these ambitious initiatives, the Japanese Ministry for Economics, Trade and Industry (METI) has pledged an encouraging $900 million to bolster the projects, demonstrating the government's dedication to fostering technological innovation and economic growth in the semiconductor sector.

Speaking to the press in Tokyo, Economy Minister Yasutoshi Nishimura highlighted the significance of collaboration among domestic power semiconductor manufacturers in elevating Japan's global competitiveness. "It is essential that domestic power semiconductor manufacturers work with one another to improve Japanese industry’s international competitiveness," emphasized Minister Nishimura, emphasizing the pivotal role of cooperation in driving Japan's semiconductor industry forward.

Furthermore, in a notable development, Rohm's recent investment of $2 billion in the JIP (Japan Industrial Partners) led consortium to privatize Toshiba signifies a strategic move to reinforce the synergy between two influential entities within Japan's semiconductor and technology sphere. This strategic alliance is poised to catalyze innovation and bolster the competitive edge of the collaborative entities in a rapidly evolving global market.

The remarkable commitments and collaborative efforts within Japan's semiconductor industry reflect a collective drive towards technological excellence, innovation, and international competitiveness, auguring well for the future of the country's semiconductor sector.