ROHM Co., Ltd announced that it has entered into a definitive agreement to transfer assets related to the tantalum capacitor business to KYOCERA AVX Components Corporation.

ROHM said in the announcement that the transfer of business assets will allow it to focus its resources on key areas and at the same time fulfill its responsibility to provide products to customers.

The content of the agreement between ROHM and KYOCERA AVX is as follows.

(1) ROHM will transfer its business assets, including manufacturing lines and intellectual property related to tantalum capacitor products, to KYOCERA AVX Components Corporation.

(2) ROHM will produce the relevant products and supply them to KYOCERA AVX Components Corporation until the transfer of the relevant production line to KYOCERA AVX Components Corporation's manufacturing site is completed.

The transfer is scheduled to take effect on August 5, 2022.