Japan's Renesas eyes 14,000 job cuts, chip plant sale: Nikkei

Source: Hartford Courant

TOKYO (Reuters) - Struggling Japanese chipmaker Renesas Electronics Corp is planning to slash as many as 14,000 jobs and sell a major semiconductor factory in Japan to Taiwan Semiconductor Manufacturing Co, the Nikkei newspaper repor ...
Full article at: Hartford Courant  More like this  5 hours ago

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Reports: Japan chip maker Renesas may cut 14,000 jobs

Source: Mmail

TOKYO: Japanese semiconductor maker Renesas Electronics Corp. is considering cutting up to 14,000 jobs or 30% of its workforce as part of a major restructuring plan, news reports said Saturday. The company is also considering selling a major f ...
Full article at: Mmail  More like this  6 hours ago

UPDATE 1-Renesas planning major fundraising, job cuts-sources

Source: Reuters

TOKYO, May 25 (Reuters) - Japan's Renesas Electronics Corp is planning a much more extensive restructure than the 50 billion yen ($630 million) capital raising and 6,000 job cuts reported by a Japanese newspaper early th ...
Full article at: Reuters  More like this  20 hours ago, 8:42am CDT

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Renesas plans to raise $1.3 billion, cut 10,000 jobs

Source: Automotive News

TOKYO (Bloomberg) -- Renesas Electronics Corp., the world's biggest maker of automotive microcontrollers, plans to raise capital of 100 billion yen ($1.3 billion) and cut more than 10,000 jobs, according to the l ...
Full article at: Automotive News  More like this  22 hours ago, 6:34am CDT

Volvo and Mitsubishi Electric Partner on Next-Gen Infotainment Technology

Source: Automotive Fleet

ROCKLEIGH, NJ – Volvo Car Corp. and Mitsubishi Electric announced they have formed a partnership to develop the next generation of infotainment systems for future Volvo cars. Mitsubishi Electric Corporation will supply the central module and ...
Full article at: Automotive Fleet  More like this  1 day ago, 6:27pm CDT

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 while racking up heavy losses. Renesas gave no ...
Full article at: Times of India  More like this  1 day ago, 9:43am CDT

International Exhibitors Marking Their Positions at MTA VIETNAM2012

Source: Street Insider

Ho Chi Minh City, May 24, 2012 - (ACN Newswire) - The highly anticipated MTA VIETNAM2012 will return to the Saigon Exhibition ...
Full article at: Street Insider  More like this  2 days ago, 4:56am CDT

Renesas to tie up with TSMC in chip production -media

Source: Reuters

TOKYO May 24 (Reuters) - Japanese chipmaker Renesas Electronics Corp plans to tie up with Taiwan's TSMC in microchip production, the Yomiuri Shimbun reported on Thursday. The chipmaker will likely outsource some microchip production to TSMC under the t ...
Full article at: Reuters  More like this  2 days ago, 6:29pm CDT

Chip-maker Renesas to cut 6,000 jobs: report

Source: China Post

TOKYO -- Japanese microchip-maker Renesas Electronics will cut 6,000 jobs, or 15 percent of its workforce, a leading daily reported on Tuesday, as the nation's chip industry struggles on the world stage. The firm, whic ...
Full article at: China Post  More like this  2 days ago, 1:53pm CDT