Japanese chip vendor Renesas Electronics denied that it is in talks to acquire rival Maxim Integrated after reports about a possible deal sent Maxim's stock price skyrocketing.
In 2016, NXP in the Netherlands overtook Renesas Electronics in Japan as the world's largest microcontroller supplier with MCU revenues climbing 116% following its US$11.6 billion purchase of US-based Freescale Semiconductor in December 2015.
Renesas Electronics has created a prototype for a fully self-driving car equipped with company's own semiconductors, which help control the vehicle as it moves forward, turns and stops.
Nikkei Electronics Asia
Renesas Electronics has agreed to buy US chipmaker Intersil for a total of $3.2 billion, as the Japanese chipmaker accelerates efforts to sell more automotive components.
The courtship of Intersil is turning into a duel between Japan's Renesas Electronics and San Jose, Calif.-based Maxim Integrated Products.
Japan's Renesas Electronics is in the final stages of negotiations to acquire US chipmaker Intersil for as much as JPY300 billion ($2.99 billion), the Nikkei business daily reported on Monday.
Renesas expects to be able to restore full pre-earthquake production capacity on May 22.
The Kumamoto Prefecture is relatively small, contributing only 1.1% of Japan's GDP. But it is home to several semiconductor production plants and is sometimes called Japan's Silicon Island.
Bunsei Kure, if approved, will be the third CEO of the troubled Japanese chip company, after Hisao Sakuta-who oversaw Renesas' restructuring and brought it back into the black. Sakuta stepped down a year ago.
The chief executive of semiconductor maker Renesas Electronics abruptly resigned Friday six months after he took the post, a move that comes as the company's principal shareholder considers strategic options.
Wall Street Journal
Tsinghua's ambitions in the memory chip business are well known. It is reportedly targeting an investment in Renesas as a vehicle for China to gain a foothold in the logic business - especially in the automotive and MCU segments.
German chip maker Infineon Technologies has expressed interest in investing in Japanese semiconductor firm Renesas Electronics, and Renesas is examining that idea along with other strategic options, according to people familiar with the situation.
Wall Street Journal
The Japanese company's Synergy Platform joins similar efforts by such vendors as Intel, ARM, Broadcom and MediaTek.
Rohm has moved to acquire a 200mm wafer fab from Renesas Electronics for JPY450 million (US$3.7 million).
Avago Technologies, looking to acquire a fellow chipmaker, has reached out to potential targets including Xilinx, Renesas Electronics and Maxim Integrated Products, according to people familiar with the matter.
Synaptics has completed its acquisition of Renesas SP Drivers (RSP), a supplier of small- and medium-size display driver ICs for smartphones and tablets.
Renesas Electronics has developed what it claims is the industry's first 28-nanometer (nm) flash memory intellectual property (IP) for microcontrollers (MCUs) using a 28nm process technology.
Struggling chip-maker Renesas Electronics will withdraw from the market for small liquid crystal displays as part of efforts to turn around its business, an industry source said Saturday.
The Japan Times
Renesas Electronics will slash 5,400 jobs in Japan, or about one quarter of its domestic workforce, reports said Wednesday, as the struggling Japanese chipmaker overhauls its money-losing business.
Chip companies serving the automotive industry know exactly where the next-generation MCU battle will be played out: high-performance MCUs with fast-access flash memory at 40-nanometer process.
Electronics firm Sony is considering the purchase of a Japanese chip plant from Renesas Electronics so that it can enhance production of smartphone image sensors, reports said.
Chipmakers including Broadcom and Renesas Electronics are ramping up in-car entertainment with faster processors and networks for wireless HD movies and navigation, aiming to keep drivers informed and passengers entertained.
Broadcom has announced a definitive agreement to acquire LTE-related assets from affiliates of Renesas Electronics.
Japan's Renesas Electronics said Friday it will close a plant that makes system LSI chips for Nintendo's game consoles and other consumer electronics after failing to find a buyer for the facility in Tsuruoka in northern Japan.
Imec and Renesas Electronics have entered into a new strategic research collaboration at Holst Centre. Together, the companies will collaborate to enhance ultra-low power (ULP) wireless technologies for short range communication, targeting sensor networks for automotive and industrial purposes.
The president of struggling Renesas Electronics said Thursday that the chipmaker is in talks with overseas companies on selling its loss-making mobile device chip operations as part of efforts to streamline its business.
The Japan Times
The deal aims at building a long-term, mutually beneficial relationship between Renesas and J-Devices as strategic partners in the semiconductor production business. The two companies intend to complete the transfer on June 1, 2013.
Renesas Electronics announced that its latest USB 3.0 hub controller (part number uPD720210) has passed USB 3.0 compliance and certification testing by the USB Implementers Forum (USB-IF).
There's nothing surprising about Japan going out of its way to bail out Renesas Electronics. The obvious objective is to maintain a steady flow of Renesas chips into domestic products, especially Toyota and Nissan automobiles.
An investment fund controlled by Japan's government has agreed to rescue Renesas Electronics by buying a majority stake in the lossmaking chipmaker for about JPY180 billion (US$2.2 billion), people familiar with the deal said.
The Financial Times
US private equity firm KKR & Co has approached struggling Japanese chipmaker Renesas Electronics and its shareholders with an offer of investment, people with knowledge of the proposal said Wednesday.
Marketwatch.com (Dow Jones)
Struggling Japanese chip firm Renesas Electronics has forecast it will make a net loss of JPY150 billion (US$1.91 billion) driven by restructuring costs for the fiscal year ending March 31, 2013, as it published sales down 11% sequentially for the first fiscal quarter, ended June 30.
Renesas Electronics said its alliance with Taiwan Semiconductor Manufacturing Company (TSMC) will help boost market share and operating margin.
Japan's NEC will not provide a fresh capital injection to support loss-making chipmaker Renesas Electronics, a senior NEC executive said in a newspaper interview.
Problems at two Japanese microchip makers highlight the potential dangers in a gathering effort to reshape the country's tech industry, as struggling conglomerates try to revive their fortunes by shedding unprofitable businesses.
The Financial Times
Japanese chipmaker Renesas has seen its shares tumble to a record low amid reports it is planning to raise cash and cut jobs.
The confirmation came after a Yomiuri Shimbun report that the chipmaker would likely outsource some microchip production to TSMC under a tie-up.
Loss-making Japanese chipmaker Renesas Electronics plans to cut 6,000 jobs, about 15% of its workforce, and raise JPY50 billion (US$630 million) through a third-party share allotment, the Yomiuri Shimbun reported on Tuesday.
Renesas announced semiconductor sales revenues of $9.8bn for the year to the end of March 2012. Back in 2003, the first full year of Renesas' operations after the company was formed by merging the semiconductor operations of Hitachi and Mitsubishi, the company had revenues of $9bn and was the world's No.2 semiconductor supplier.
Renesas has announced a strategic relationship with Nvidia to jointly develop a platform reference solution based on Renesas' SP2531 triple mode LTE modem and the Nvidia Tegra 3 processor.