Earlier in July, Japanese semiconductor manufacturer ROHM said that it would expand its production capacity of SiC power devices by taking over Solar Frontier's Kunitomi facility, a deal that is now completed.
ROHM says it has completed the acquisition of the assets of Solar Frontier’s former Kunitomi Plant located in Japan.
The plant will be operated by ROHM's subsidiary LAPIS Semiconductor, as its second Miyazaki plant. It will become the group's main production site for SiC power devices and the current goal is to start operation in 2024.
“This acquisition enables a fast production expansion by utilizing existing infrastructure. This way, ROHM will continue to supply its customers quickly and reliably,” says Wolfram Harnack, President at ROHM Semiconductor Europe in a press release.
The Japanese semiconductor group continues to say that it will strengthen its production capacity following its Medium-Term Management Plan while keeping abreast of market conditions. At the same time, ROHM will enhance its BCM system to continue to ensure a stable supply of products to its customers.
With the completion deal, ROHM now has access to a plant that offers the company approximately 230,000 square metres of total floor area. The acquisition price has not been disclosed.
Solar Frontier plans to continue to use part of the site and buildings as its business office via a lease.
About ROHM
ROHM Co., Ltd. is a Japanese electronic parts manufacturer that was established in 1958. With over 60 years of experience, ROHM has become a leading provider of semiconductors and electronic components. The company specializes in the production of ICs, discrete semiconductor devices, modules, and other related products.
In terms of financial performance, ROHM achieved consolidated net sales of ¥507,882 million yen (approximately $3.366 billion，$1 = 150.89 Japanese yen, based on the exchange rate on November 9 UTC 07:16) in the fiscal year ended on March 31, 2023. The company's sales are diversified across various product categories.
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