December 8, 2023 /SemiMedia/ -- According to reports, Toshiba and ROHM Semiconductor will cooperate in the production of power semiconductors to strengthen the power semiconductor business of electric vehicles (EV).

The report pointed out that Toshiba and ROHM Semiconductor have applied to Japan’s Ministry of Economy, Trade and Industry (METI) for this plan. METI plans to provide subsidies of up to 120 billion yen ($830 million) of the two companies' total 380 billion yen project costs to ensure a stable supply of semiconductors in Japan.

Currently, Toshiba and ROHM are building new factories in Nomi City, Ishikawa Prefecture and Miyazaki City, Miyazaki Prefecture respectively. Toshiba plans to share semiconductor production at a new factory to be built in Nomi City, Ishikawa Prefecture.

ROHM plans to invest 510 billion yen in its silicon carbide (SiC) business as a whole by the fiscal year ending in 2027, and increase sales of silicon carbide power devices to 270 billion yen by 2027, nine times the sales in fiscal 2022.

Letting Toshiba handle traditional silicon semiconductors will allow ROHM to focus investments on its more cutting-edge products.