The chipmaker’s $45.4m fund is set to operate for 10 years, investing and backing startups working on innovative semiconductor technologies and products.
Japan-based semiconductor manufacturer Rohm launched a ¥5bn ($45.4m) corporate venture capital fund yesterday that will be overseen by its group chief technology officer.
Founded in 1958 as Toyo Electronics Industry Corporation, Rohm manufactures chips and other electronic parts including transistors, diodes, resistors and LEDs.
The vehicle will identify ideas and technologies with the potential to solve social issues and create growth opportunities for Rohm over the next decade, including semiconductor materials, decarbonisation technology and in-vehicle and industrial equipment-related chip applications.
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