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Toyota Group's Denso has formally decided to withdraw its acquisition proposal for semiconductor giant Rohm after failing to gain approval. Rohm plans to continue product development collaboration with Denso while pursuing integration of its power semiconductor business with Toshiba and Mitsubishi Electric.
South Korea’s Hyundai Motor Group recorded the world’s second-largest operating profit among global automakers last year, surpassing Germany’s Volkswagen Group for the first time, industry data showed Wednesday. The group — which includes Hyundai Motor, Kia and luxury brand Genesis — posted 20.5 trillion won ($13.95 billion) in operating profit in 2025. That placed it behind only Toyota Group, which topped the list with 4.3 trillion yen ($27.15 billion) in operating profit. Industry watchers sai
Takeover proposal comes as Japanese government seeks to consolidate sector to compete against China
Denso, a major Toyota Group auto parts manufacturer, has decided to withdraw its acquisition proposal for semiconductor giant Rohm. Meanwhile, Rohm, Toshiba, and Mitsubishi Electric have reached a basic agreement to begin discussions on integrating their power semiconductor businesses.
Yann LeCun's new startup, Advanced Machine Intelligence (AMI Labs), has secured a record-breaking $1.03 billion in seed funding, potentially the largest for a European company, to develop 'universal intelligent systems' that understand the physical world.
Toyota Group has raised its offer price to secure activist support for a $38 billion deal, as reported by Nikkei Asia.
Toyota Group has announced the successful completion of its tender offer to privatize Toyoda Automatic Loom Works, valued at over 4.6 trillion yen, as it kick-starts a broader group restructuring aimed at long-term growth.
Denso, a major automotive parts manufacturer in the Toyota Group, has proposed to acquire semiconductor giant Rohm. If realized, this acquisition would lead to a large-scale restructuring within the industry.