---
title: "Foxconn files to buy half of Mitsubishi Electric Mobility for up to $729 million; the AI chip deal remains unsigned"
description: "On October 16 Foxconn filed to buy half of Mitsubishi Electric Mobility for up to ¥115 billion — a check with a ceiling for the non-AI business. Meanwhile the power-semiconductor merger, which would tie Mitsubishi Electric to AI-driven demand for electric power, missed its September deadline and is still not signed."
publisher: "The Inference"
section: "Deals"
published: 2026-10-16T19:33:32.464Z
modified: 2026-10-16T19:33:32.464Z
canonical: https://theinference.org/article/foxconn-filed-to-buy-half-of-mitsubishi-electric-mobility-for-up-to-729-million-its-ai-power-chip-deal-waits/ru
language: ru
keywords: "Foxconn, Mitsubishi Electric, Power Semiconductors, Japan, M&A"
---

# Foxconn files to buy half of Mitsubishi Electric Mobility for up to $729 million; the AI chip deal remains unsigned

> On October 16 Foxconn filed to buy half of Mitsubishi Electric Mobility for up to ¥115 billion — a check with a ceiling for the non-AI business. Meanwhile the power-semiconductor merger, which would tie Mitsubishi Electric to AI-driven demand for electric power, missed its September deadline and is still not signed.

[Mitsubishi Electric](https://theinference.org/markets/companies/mitsubishi-electric) has cashed the check for the non-AI half of its portfolio and is still waiting for the AI half. On October 16 the investment vehicle of [Foxconn](https://theinference.org/markets/companies/foxconn-hon-hai-precision-industry), Lin Yin International Investment, [filed documents to buy 50% of Mitsubishi Electric Mobility, the group's automotive equipment division, for no more than ¥115 billion](https://www.tradingview.com/news/reuters.com,2026-10-16:newsml_RSP3330Za:0-reg-hon-hai-prec-ind-co-acquires-mitsubishi-electric-mobility-shares/) [1]. The Dealroom service, which aggregates data on deals, [values this amount at about $729 million](https://app.dealroom.co/news/note/foxconn-to-buy-50-of-mitsubishi-electric-mobility-for-729m) [2]. The AI half is the power-chip merger with [Rohm](https://theinference.org/markets/companies/rohm) and Toshiba — precisely the deal that, as our October 14 report established, missed its September signing deadline; nothing has been signed since [3].

## The auto deal gives Foxconn the parts catalog for contract car production

The filing caps the price but does not fix it: the final amount will be adjusted based on the accounting reports as of the transaction's closing date, and the closing itself still requires regulatory approvals [1]. On the same day the parent companies [announced a final agreement on joint management of the automotive equipment business](https://www.marketscreener.com/news/mitsubishi-electric-hon-hai-precision-industry-foxconn-and-mitsubishi-electric-reach-final-agree-ce785cdadb8cff2d) [4].

[The April memorandum](https://finance.yahoo.com/sectors/technology/articles/mitsubishi-electric-considers-alliance-foxconn-102354067.html) sets out the logic: electrification, autonomous driving and software-defined vehicles (software-defined vehicles). The mobility division will rely on Foxconn's capabilities and connections to supply an electric-vehicle platform from Japan, powertrain included [5]. Foxconn already assembles a considerable share of the world's consumer electronics; the purchase gives it a catalog of automotive electronics that will let the company sell car manufacturing the way it now sells phone manufacturing — as a contract manufacturing service. Mitsubishi Electric halves its exposure and retains half of the equity.

## The AI half is three chipmakers and no signature

Силовые полупроводники преобразуют и управляют электроэнергией в электромоторах электромобилей, промышленном оборудовании и системах электропитания дата-центров. Японское министерство экономики, торговли и промышленности назвало их критически важными для инфраструктуры ИИ, [пообещав 2 октября поддержку реорганизации отрасли](https://note.com/y44901726/n/n4071a24c63b1) [6][3]. 27 марта Mitsubishi Electric, Rohm и Toshiba [подписали базовое соглашение](https://note.com/r_n_e_pocky11/n/n418e72f98bd9) об объединении бизнесов по производству силовых чипов. Такая группа контролировала бы около 11% мирового рынка и уступала бы только Infineon [3][6][7]. Задержку объясняет укрепляющаяся позиция Rohm: президент компании говорит, что переговорам требуется больше времени, чем ожидалось, а чистая прибыль за апрель–июнь выросла втрое на фоне высоких продаж серверов для ИИ [3] — и это ослабляет причины для слияния на чужих условиях. Тайваньское отраслевое издание Digi Times [видит те же причины задержки — паузу в переговорах, споры о лидерстве и всплеск спроса со стороны ИИ](https://www.digitimes.com/news/a20261002PD203/toshiba-rohm-2026-mitsubishi-electric-business.html) [8].

*Chart: **Только объединившись, японские производители силовых чипов преодолевают порог в 10% мирового рынка** Столбцы рейтинга мирового рынка силовых полупроводников: Infineon — 24,4%, объединённая группа Rohm, Toshiba и Mitsubishi Electric — 11,3%, Mitsubishi Electric отдельно — 4,6%, Fuji Electric — 3,9%, Toshiba — 2,6%.*

*Доля мирового рынка силовых полупроводников, процентов. Оценки исследователей, приведённые в японском полупроводниковом комментарии (Yoshi_eco, note.com, 4 октября 2026 года) и The Next Web; каждая цифра на графике — оценка, а совокупная доля — простая сумма долей трёх партнёров. [6][7]*

## 29 октября — первый квартал с обеими половинами

Mitsubishi Electric отчитается о квартальных результатах 29 октября [4]; на последних торгах акции стоили 5 005 иен [4]. Целевая цена по консенсус-прогнозу — 6 813 иен [4], и этим разрывом рынок уже оценил слияние, которое пока не подписано. Чек с потолком в любом сценарии уже в кармане. ИИ-половине не хватает лишь подписи, и когда она появится, решает восстановление Rohm: чем крепче самостоятельный бизнес, тем слабее доводы за слияние. До конца месяца стоит следить за формулировками в промежуточной отчётности. Если «нужно больше времени» продержится ещё один квартал, инвесторы останутся с чеком контрактного производителя и замороженным полупроводниковым опционом. Если же подпись будет поставлена, Mitsubishi Electric войдёт в состав второго в мире поставщика чипов, подготавливающих электричество для ИИ, — и целевая цена начнёт выглядеть оправданной.

## Takeaway

Foxconn's ¥115 billion filing allows Mitsubishi Electric to cash the non-AI half of its portfolio at a price with a ceiling, while the power-chip merger of Rohm and Toshiba remains one signature away; whether it is signed will be decided by Rohm's recovery, fueled by demand for AI.

## Sources

1. [TradingView (Refinitiv RNS), REG - Hon Hai Prec.Ind.Co - Acquires Mitsubishi Electric Mobility shares, 16 October 2026](https://www.tradingview.com/news/reuters.com,2026-10-16:newsml_RSP3330Za:0-reg-hon-hai-prec-ind-co-acquires-mitsubishi-electric-mobility-shares/)
2. [Dealroom (deal-data provider), Foxconn to buy 50% of Mitsubishi Electric Mobility for $729M, 16 October 2026](https://app.dealroom.co/news/note/foxconn-to-buy-50-of-mitsubishi-electric-mobility-for-729m)
3. [Rain@AI&半導体 (note.com), Will the 'World's No. 2 Alliance' of Power Semiconductors Happen? Mitsubishi Electric's September Goal and Rohm's Cautious Stance, 10 October 2026](https://note.com/r_n_e_pocky11/n/n418e72f98bd9)
4. [MarketScreener (Publicnow), Hon Hai (Foxconn) and Mitsubishi Electric Reach Final Agreement on Strategic Alliance for Joint Operation of Automotive Equipment Business, 16 October 2026](https://www.marketscreener.com/news/mitsubishi-electric-hon-hai-precision-industry-foxconn-and-mitsubishi-electric-reach-final-agree-ce785cdadb8cff2d)
5. [Reuters via Yahoo Finance, Mitsubishi Electric considers alliance with Foxconn for joint automotive equipment operation, 24 April 2026](https://finance.yahoo.com/sectors/technology/articles/mitsubishi-electric-considers-alliance-foxconn-102354067.html)
6. [Yoshi_eco (note.com, Japanese semiconductor commentary), Minister of Economy, Trade and Industry to Support Power Semiconductor Restructuring, 4 October 2026](https://note.com/y44901726/n/n4071a24c63b1)
7. [The Next Web, Mitsubishi Electric weighs power-chip merger with Rohm and Toshiba, 17 July 2026](https://thenextweb.com/news/mitsubishi-rohm-toshiba-power-chip-merger)
8. [Digi Times (Taiwan-based electronics trade paper), Japan power semiconductor deal stalls as Rohm, Toshiba, Mitsubishi haggle, 2 October 2026](https://www.digitimes.com/news/a20261002PD203/toshiba-rohm-2026-mitsubishi-electric-business.html)


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Foxconn files to buy half of Mitsubishi Electric Mobility for up to $729 million; the AI chip deal remains unsigned — The Inference. Canonical: https://theinference.org/article/foxconn-filed-to-buy-half-of-mitsubishi-electric-mobility-for-up-to-729-million-its-ai-power-chip-deal-waits/ru