Mitsubishi Electric weighs power-chip merger with Rohm and Toshiba

Mitsubishi Electric, Rohm, and Toshiba are negotiating a merger of their power-semiconductor businesses to form the world's second-largest supplier, aiming to strengthen their position in the growing electric vehicle chip market. The combined entity would hold about 11% of the global market and invest heavily in silicon-carbide technology to meet rising EV demand. However, the talks face complexity due to differing company interests and leadership concerns.