Chipmaker Renesas plans to raise $1.3b

Source: Gulfnews

Tokyo: Renesas Electronics, the world's biggest maker of automotive micro controllers, plans to raise capital of 100 billion yen ($1.3 billion, Dh4.7 billion) and eliminate more than 10,000 jobs, according to the latest draft of ...
Full article at: Gulfnews  More like this  21 hours ago, 9:26am CDT

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TEXT-Fitch affrims SK Hynix at 'BB';outlook stable

Source: Reuters.co.uk

(The following statement was released by the rating agency) May 25 - Fitch Ratings has affirmed SK Hynix Inc.'s (Hynix) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) at 'BB' with Stable Outloo ...
Full article at: Reuters.co.uk  More like this  2 days ago, 4:14am CDT

Japan’s ailing Renesas to tie up with TSMC

Source: The Star Malaysia

TOKYO: Japan's loss-making Renesas Electronics Corp said it will tie up with Taiwan Semiconductor Manufacturing Co (TSMC) in the microchip business as it struggles to keep up with aggressive rivals like Samsung Electronics ...
Full article at: The Star Malaysia  More like this  2 days ago, 7:15pm CDT

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Renesas to tie up with TSMC in chip business

Source: Times of India

TOKYO: Japanese chipmaker Renesas Electronics Corp said on Thursday it will tie up with Taiwan Semiconductor Manufacturing Co in the microchip business as it struggles to keep up with aggressive competitors wh ...
Full article at: Times of India  More like this  2 days ago, 9:43am CDT

Corsair Announces Postponement of Initial Public Offering

Source: Business Wire

FREMONT, Calif.--(BUSINESS WIRE)--Corsair Components, Inc. (“Corsair”) (NASDAQ: CRSR), a leading designer and supplier of high-performance PC hardware components for gaming enthusiasts, announced today it has postponed its initial public offering ...
Full article at: Business Wire  More like this  2 days ago, 8:32am CDT

Renesas says to tie up with TSMC in chip business

Source: International Business Times

Japan 's loss-making Renesas Electronics Corp said on Thursday it will tie up with Taiwan Semiconductor Manufacturing Co in the microchip business as it struggles to keep up with aggressive rivals like Samsung Electronics. Renesas gave no detai ...
Full article at: International Business Times  More like this  3 days ago, 6:14am CDT

Irony Abounds in DRAM Market as Bankruptcy-Bound Elpida Ovetakes Micron

Source: Cellular-News

­In one of the more ironic developments ever to transpire in the dynamic random access memory (DRAM) market, now bankrupt Elpida Memory in the first quarter managed to outperform the overall industry and its close competitors, allowing it to rise one p ...
Full article at: Cellular-News  More like this  3 days ago, 5:24am CDT

Renesas ties up with TSMC

Source: TechEye

Troubled Japanese chipmaker Renesas Electronics has signed a pact with TSMC in a bid to keep up with its competition while it is suffering from heavy losses. According to Reuters, Renesas gave no details on the tie-up, which ...
Full article at: TechEye  More like this  3 days ago, 3:47am CDT

UPDATE 1-Renesas says to tie up with TSMC in chip production

Source: Reuters

* Renesas will detail tie-up terms with TSMC on Monday * News conference not intended to be about equity deal * Renesas struggling with high costs and competition * Shares up 1.5 pct, but down by half in past 2 months (Updates with company confirmatio ...
Full article at: Reuters  More like this  3 days ago, 8:33pm CDT