Japanese chip giant Rohm to invest $722m in JIP-led group bidding for Toshiba

Japanese chip giant Rohm to invest $722m in JIP-led group bidding for Toshiba

FILE PHOTO: The logo of Toshiba Corp. is seen at the company's facility in Kawasaki, Japan February 13, 2017. REUTERS/Issei Kato/File Photo

Rohm co said on Tuesday it will invest 100 billion yen ($722.33 million) in the group led by Japan Industrial Partners that is launching a tender offer for Toshiba Corp.

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