TSE:6503Electrical
Mitsubishi Electric Merger Talks Put Power Chip Valuation In Focus
Mitsubishi Electric, Toshiba and Rohm are reported to be in talks to merge their power semiconductor device operations.
The potential combination would create a larger Japanese player in power chips, an area supported by government policy and global demand trends.
The development is seen as a material shift for Mitsubishi Electric’s power device business and its competitive position in TSE:6503.
Mitsubishi Electric, listed as TSE:6503, is entering these merger talks with a share price of...