Overview
- Denso said it has not won Rohm’s support for an acquisition and is considering withdrawing its proposal, though it has not made a final decision.
- Rohm is advancing talks to fold its power-semiconductor business into Toshiba and Mitsubishi Electric to build scale against rising Chinese competitors.
- A committee of Rohm’s outside directors reviewed Denso’s offer to assess risks to non-automotive clients who rely on the company’s industrial and appliance chips.
- Denso first proposed a takeover in February after buying about a 5% stake in 2025, seeking secure access to silicon carbide power chips used in electric vehicles.
- Analysts estimate a combined Rohm–Toshiba–Mitsubishi Electric power-chip group could hold about 11% of the global market, ranking second to Infineon.