NEWSWORTHY

Business / Corporate Oct 7, 2015

Sony spins out semiconductors as Hirai pushes accountability

Sony Corp. will spin out its semiconductor business into a new company as President Kazuo Hirai revamps the devices business to focus on hit products such as image sensors and considers selling underperforming assets. Sony Semiconductor Solutions Corp. will begin operating in April and be ...

Business / Corporate Apr 28, 2015

Tokyo Electron pulls out of merger with Applied Materials

Semiconductor-production equipment maker Tokyo Electron Ltd. is canceling its planned merger with U.S.-based Applied Materials Inc., the industry leader, because of a dispute with the U.S. Justice Department. The two companies now see no sign of resolving the dispute regarding the U.S. antitrust act, Tokyo ...

Renesas eyes selling panel maker to Apple

Business / Corporate Apr 2, 2014

Renesas eyes selling panel maker to Apple

Struggling chipmaker Renesas Electronics Corp. is currently pondering the sale of its subsidiary business, developing liquid crystal display panels, to Apple Inc., sources said Wednesday. Apple aims to develop smartphones with higher definition screens and lower power consumption via the acquisition of Renesas SP Drivers ...

Business / Corporate Feb 1, 2014

Renesas to exit LCD chip market

Struggling chip-maker Renesas Electronics Corp. will withdraw from the market for small liquid crystal displays as part of efforts to turn around its business, an industry source said Saturday. Renesas plans to sell all shares it holds in Renesas SP Drivers Inc., a Tokyo-based subsidiary ...