Mitsubishi Electric Corp. (TSE:6503) is negotiating to lead a joint venture with Toshiba and Rohm to combine power‑chip sales, manufacturing and R&D for EVs, data centers and AI, while bolstering its European footprint by acquiring APAC and COMPAC HVAC units for data‑center cooling sales and services.
Previous Week Recap
- Mitsubishi Electric Eyes Joint Venture: Mitsubishi Electric Corp. Unsponsored ADR (6503) is negotiating to lead a joint venture with Toshiba and Rohm to merge power-chip sales, manufacturing and R&D for EVs, data centers and AI.
- Mitsubishi Electric Expands APAC, COMPAC: Mitsubishi Electric Corp. (Unsponsored ADR: 6503) acquired APAC and COMPAC groups, adding HVAC sales, installation and maintenance for data center cooling in Europe to expand its regional operations.
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