Toshiba To Invest 100 Billion Yen In Power Semiconductors

Toshiba Corp. has announced that it will invest about 100 billion yen ($636 million) to expand its power semiconductor production over three years through March 2027, aiming to ramp up sales of chips widely used for power control in electric vehicles and industrial devices as part of its turnaround efforts, Kyodo News reported.

Toshiba's power chip business expansion is part of its 400-billion yen capital investment plan. I Photo: Business Wire

The technology conglomerate will increase production capacity for the chips at its factories in Ishikawa and Hyogo prefectures as well as in Thailand.

The move addresses the growing demand for use in all-electric cars and other equipment that require active electric current control to optimize efficiency amid the global push for decarbonization.

Toshiba will also consider partnering with other firms to improve the production efficiency of such chips, in addition to its planned collaboration with semiconductor manufacturer Rohm Co., it said.

The company stated its power chip business expansion is part of its 400-billion yen capital investment plan, with about 20 billion yen earmarked for upgrading plants in Kanagawa Prefecture and India producing power grid devices, Mainichi Japan also reported.