KYOTO, Japan -- Japanese chipmaker Rohm will provide a total of 300 billion yen ($2.16 billion) to a consortium led by private equity firm Japan Industrial Partners for its proposed buyout of Toshiba.
Toshiba in turmoil
Japan's Rohm to contribute over $2bn toward Toshiba buyout
Chipmaker eyes synergies in key power device operations
Rohm and Toshiba both produce power devices, though they currently focus on different types of clients. (Photo by Hiromasa Matsuura)
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