NEWSWORTHY

Japan's Renesas to buy U.S. chipmaker IDT for $6.7 billion

/ Sep 11, 2018

Japan's Renesas to buy U.S. chipmaker IDT for $6.7 billion

Chipmaker Renesas Electronics Corp. said Tuesday it has agreed to buy U.S. peer Integrated Device Technology Inc. for about $6.7 billion (¥747 billion), aiming to boost its expertise in self-driving car technologies. The deal allows Renesas, second only to NXP Semiconductors NV in chips used ...

Sharp plans to halt domestic production of major appliances

/ Aug 3, 2018

Sharp plans to halt domestic production of major appliances

Sharp Corp. plans to pull out from domestic production of major appliances and shift to overseas manufacturing as part of streamlining efforts under Taiwanese parent Hon Hai Precision Industry Co., a source said Friday. With the move, the Osaka Prefecture-based company will draw the curtain ...

Toshiba Memory mulls changing company name next year

/ Jun 4, 2018

Toshiba Memory mulls changing company name next year

Toshiba Memory Corp., the world's second-largest maker of NAND flash memory chips, is considering changing its name in 2019 as it seeks to introduce a new brand and raise its profile in the intensely competitive market. "As we have become independent of Toshiba Corp. we ...