According to sources familiar with the matter, Japanese conglomerate Toshiba Corp. and electric parts company Rohm Co. are set to collaborate in the power semiconductor business. They are collectively investing 380 billion yen ($2.6 billion) to expand their production of power semiconductors, with the expectation that Japan’s Ministry of Economy, Trade and Industry will cover up to about 130 billion yen of the cost. Power semiconductors are used in electric vehicles and are capable of handling high voltages and large electric currents. The collaboration by Toshiba and Rohm will…
