Mitsubishi Electric Eyes Power-Chip Merger
Share
Mitsubishi Electric is looking to reach a power-chip deal by September with rivals Toshiba and Rohm. Speaking exclusively with Bloomberg's Shery Ahn, CEO Kei Uruma says the move is to consolidate three of the world's top suppliers in the electronics supply chain.
More from Australia
Resurgent inflation pressures test key Australian consumer shares
The digital cart rush redefining Australian retail profit pools
Trans-Tasman insurers battle contract churn while defending profit margins
Capital battles heat up as takeover offers challenge listed housing operators
The equities fueling the next infrastructure supercycle
Crypto networks collide with sanctions in a fight for financial access