Japan chip giant Rohm to invest Rs722 mln in Toshiba buyout group – ET Telecom
Rohm also plans to underwrite 200 billion yen of non-voting preferred stock issued by TBJ Holdings which will be set up by the Japan Industrial Partners for the tender offer of Toshiba. “Toshiba’s semiconductor business is highly compatible with the company,” Rohm said of its investment, in a statement.