Japanese and foreign semiconductor makers have started developing a cooperation framework to ensure early recovery of plant operations following disasters, industry sources said.
Renesas Electronics Corp. agreed to buy U.S. chipmaker Intersil Corp. for $3.2 billion, seeking to accelerate its efforts to sell more automotive components. Renesas is offering $22.50 per share, a 14 percent premium to Monday's close, according to a statement to the Tokyo Stock Exchange ...
Renesas Electronics Corp. said Monday it is considering acquiring U.S. chipmaker Intersil Corp., but revealed few details of the prospective deal. The acquisition could be worth hundreds of billions of yen and an agreement may be reached as early as this month, sources with knowledge ...
Renesas Electronics Corp. is doing something that only a decade ago would have been unthinkable for a Japanese semiconductor maker: outsourcing research overseas. Outsourcing more R&D reduces the cost of developing components for new applications in autonomous cars and "the internet of things," Chief Executive ...
While much of Japan relaxes during the Bon summer holiday period, its top semiconductor makers are keeping their factories running to meet fierce demand from China for the technology that runs smartphones. Demand is expected to heat up even more with the launch of Apple ...
Struggling chipmaker Renesas Electronics Corp., seeking to accelerate restructuring efforts, plans to slash another 5,400 domestic employees, or around 20 percent of its workforce, by the end of March 2016 through early retirements, according to company sources. The labor union, however, opposes the plan. The ...
