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Denso mulls withdrawing acquisition offer for chipmaker Rohm
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Denso mulls withdrawing acquisition offer for chipmaker Rohm

The Japan Times·No Author·about 1 month ago
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Nagoya – Major Japanese auto parts supplier Denso is considering withdrawing its acquisition proposal for major Japanese chipmaker Rohm, informed sources have said. Denso, part of the Toyota Motor group, is finding it difficult to gain support from Rohm for the acquisition offer, the sources said. If the offer is withdrawn, industry consolidation in the Japanese power semiconductor industry is likely to proceed mainly through talks on business integration between Rohm, Toshiba and Mitsubishi Electric. In early March, it came to light that Denso, which regards the chip business as a growth area amid expectations of long-term EV market growth, had offered to acquire Rohm. Rohm later set up a special committee to examine the proposal. Demand for power semiconductors is expected to grow not only for EVs but also for a wide range of applications such as home appliances and industrial machinery.…

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