renesas technology news
Your Search Returned 62 tagged news reports
Renesas to close two factories
Ube :: Japan | 11 months ago
Credibility
The struggling chipmaker said Thursday it is aiming to sell its front-end manufacturing operations at the Ube factory within a year. It is also considering selling its Hakodate factory in Nanae, Hokkaido, a plant in Tsuruta, Aomori Prefecture, and
Tags:
Renesas logs ¥20 billion net loss
Ōsaka :: Japan | 11 months ago
Credibility
Friday, Aug. 3, 2012 Renesas logs ¥20 billion net loss Kyodo Renesas Electronics Corp. logged a group net loss of ¥20.76 billion in the April-June quarter, narrowing its ¥33.22 billion net loss from the previous year, after being hit by a slowdown in
Tags:
Mitsubishi Electric promises loan to Renesas; chipmaker's shares surge
Tōkyō :: Japan | 11 months ago
Credibility
Japan's Mitsubishi Electric Corp said on Tuesday it would provide 14.5 billion yen ($185.5 million) in loans to help prop up chipmaker Renesas Electronics Corp, which is fighting for survival against aggressive overseas rivals...Renesas has struggled
Tags:
Fujitsu in talks to sell main semiconductor plant
Tōkyō :: Japan | 11 months ago
Credibility
Faced with sky-high costs of upgrading infrastructure, a persistently strong yen and stiff competition from the likes of Samsung Electronics Co Ltd, Japanese chipmakers are scrambling to outsource production. Fujitsu's plant in Mie prefecture,
Tags:
Renesas seeks 5,000 job cuts for $542 million yearly savings
Hitachi :: Japan | 12 months ago
Credibility
Japan's loss-making Renesas Electronics Corp said on Tuesday it will seek to cut around 5,000 jobs through voluntary redundancies by the end of October. The chipmaker, facing increasing pressure from overseas rivals such as Samsung Electronics, said
Tags:
Corporate investors agree to fund Renesas
Bangkok :: Thailand | 12 months ago
Credibility
The world's largest maker of microcontrollers for cars and electronics will outline its restructuring plan by the time it announces first-quarter earnings, President Yasushi Akao said at a shareholders' meeting Tuesday. Details of the support from
Tags:
NEC promises to help struggling chipmaker Renesas
Hitachi :: Japan | 12 months ago
Credibility
NEC Corp. says it is promising support for struggling chipmaker Renesas but that details haven't been decided. NEC owns 3 percent of Japan 's Renesas Electronics Corp., a leading maker of chips for autos, but is indirectly a 35 percent stakeholder.
Tags:
Renesas' top investors, lenders plan ¥100 billion prop
Taipei :: Taiwan | 12 months ago
Credibility
Thursday, June 21, 2012 Renesas' top investors, lenders plan ¥100 billion prop Jiji Three key shareholders of Renesas Electronics Corp. and the ailing chip-maker's four major banks have agreed to extend additional assistance of ¥100 billion to avert
Tags:
Renesas shareholders agree to $633 million support: sources
Hitachi :: Japan | 12 months ago
Credibility
Major shareholders of loss-making Renesas Electronics Corp agreed in principle to provide 50 billion yen ($633 million) in a support package that includes loans, sources close to the matter said on Wednesday. Must Read Sponsorship Link Renesas, the
Tags:
Three foreign funds eye investing in struggling chipmaker Renesas
Ōsaka :: Japan | 12 months ago
Credibility
NEC Corp. and two other major shareholders of Renesas and its main creditor banks are meanwhile expected to agree within days on providing ¥100 billion in financial assistance, the sources said. To rebuild its business, the semiconductor maker, which
Tags:
