"This acquisition allows for a rapid expansion of production using the existing infrastructure. In this way, ROHM will continue to supply its customers quickly and reliably," says Wolfram Harnack, President of ROHM Semiconductor Europe. ROHM aims to begin operations by the end of 2024.

The role of semiconductors, one of ROHM's main business areas, is becoming increasingly important in achieving a decarbonized society.

In particular, the automotive and industrial equipment markets are experiencing technological innovations such as electrification to reduce environmental impact and achieve carbon neutrality. This is increasing demand, especially for analog and power semiconductors.

Given the anticipated further expansion of the semiconductor market, the ROHM Group intends to continuously expand its production capacity, particularly for silicon carbide (SiC) power devices, and ensure a stable supply to ROHM customers.

1. Description of the other party to the agreement
Company name: Solar Frontier KK
Representative: Hiroshi Watanabe, President and CEO
Main activities: Development and sale of solar energy systems
Head office: Teigeki Building, 3-1-1 Marunouchi, Chiyoda-ku, Tokyo, Japan
Shareholder: Idemitsu Kosan Co., Ltd 100%.

2. Description of the assets to be acquired (former Kunitomi factory)
Location: 1815 Taziri, Kunitomi-cho, Higashimorokata-gun, Miyazaki, Japan
Area: Approximately 400,000 m2
Total area: Approximately 230,000 m2

*Solar Frontier plans to continue using part of the land and buildings as a commercial office (lease).