Toshiba To Invest US$1 Billion To Double Power Chip Production

JAKARTA - Toshiba Corp said it would invest around 125 billion yen (1.09 billion US dollars) to double production of power management semiconductors, aiming to catch up with power chip giants such as Infineon Technologies AG. cutting-edge millimeter in Japan's center for power management chips, which efficiently control electric power in automobiles, electronic devices and industrial equipment.

Toshiba will invest about 100 billion yen in the new plant, on top of the 25 billion yen investment in a 300-millimeter fabrication line being built at the existing chip plant, a Toshiba spokesman said as reported by Antara. the first phase is completed, Toshiba's power chip output capacity will be 2.5 times the current level.Depending on demand, Toshiba's new plant may expand further with additional investment, the spokesman said.