Toyota supplier Denso makes multi-billion dollar bid to acquire chipmaker Rohm

Denso, a major supplier to Toyota, has made a bid to acquire the Japanese semiconductor manufacturer Rohm for up to $8 billion. The move is part of a broader consolidation in the power semiconductor sector, with Rohm and Toshiba also reportedly considering integrating their businesses. This activity aligns with Japan's national goal to significantly increase domestic semiconductor sales by 2040.