Toshiba, also known as Toshiba Corporation, is a publicly owned company headquartered in Japan. Founded in 1875, the company has approximately 116,230 employees and reported $23.2B in revenue as of 2024, functioning as a tier 1 media tech buyer. Specializing in connectivity infrastructure, Toshiba is Japan's largest semiconductor manufacturer and its second-largest diversified industrial conglomerate.
On March 28, 2026, industrial conglomerate Toshiba announced its intention to begin negotiations with Mitsubishi Electric and chipmaker Rohm to merge their power semiconductor businesses. This move addresses intensifying international competition and supports Japan’s objective for a stronger global semiconductor market presence. Previously, on March 27, Toshiba confirmed it was in discussions with Mitsubishi Electric and ROHM to merge segments of their semiconductor operations, aiming to enhance competitiveness in the worldwide power chip industry. The companies signed a memorandum of understanding to investigate integrating Toshiba’s subsidiary Toshiba Electronic Devices & Storage Corporation (TDSC), ROHM’s semiconductor division, and Mitsubishi Electric’s power device unit. Earlier on the same day, the three Japanese firms agreed in principle to begin these integration discussions, intending to strengthen their market position by combining technologies and production capabilities.