Japan's Rohm kicks off $45m venture fund to drive new chip tech

US startup Locix among first beneficiaries in chipmaker's push for growth

20210713N chips

Rohm is investing in promising startups with an eye on its earnings in the 2030s and beyond. © Reuters

YUJI OHIRA, Nikkei staff writer

KYOTO -- Japanese chipmaker Rohm has launched a 5 billion yen ($45.3 million) venture capital fund to invest in next-generation semiconductor technology that can propel growth in the decades to come.

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