Mitsubishi Electric (TYO:6503), Rohm (TYO:6963) and Toshiba (TYO:6588) are in talks to combine their power semiconductor businesses, Nikkei Asia reported Friday, citing people familiar with the matter.
A potential integration could give the combined entity about 10% global market share, positioning it among the largest players and helping improve cost competitiveness in a sector critical for electric vehicles and data centers, according to the report.
Rohm and Toshiba had already been discussing a tie-up, with Mitsubishi Electric now joining the talks. The discussions could also affect a separate approach by Denso (TYO:6902) toward Rohm, the report said.
Shares of Mitsubishi Electric, Toshiba, and Rohm fell 2%, 3%, and 4%, respectively, in recent trade.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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