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Renesas to sell display chip unit to Synaptics for 48.5 bil. yen

Renesas to sell display chip unit to Synaptics for 48.5 bil. yen

TOKYO, Japan - Ikuo Kudo (L), president of display chip maker Renesas SP Drivers Inc., and Rick Bergman, president and chief executive officer of U.S. IT company Synaptics Inc., shake hands during a press conference in Tokyo on June 11, 2014. Struggling electronics maker Renesas Electronics Corp. said it will sell its subsidiary Renesas SP Drivers to Synaptics.

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Japan's Renesas in talks to acquire U.S. chipmaker Maxim: report

Japan's Renesas in talks to acquire U.S. chipmaker Maxim: report

TOKYO, Japan, Jan. 30 Kyodo - File photo taken in May 2012 shows Renesas Electronics Corp.'s headquarters in Tokyo. The Japanese chipmaker is in talks to acquire Maxim Integrated of the United States in what could be close to a $20 billion deal, CNBC reported on Jan. 29, 2018.

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Renesas shareholders' meeting

Renesas shareholders' meeting

TOKYO, Japan - Photo shows the entrance of the venue in Tokyo on Feb. 22, 2013, of a shareholders' meeting of struggling chipmaker Renesas Electronics Corp. The shareholders approved a 150 billion yen investment plan from a Japanese government-backed fund and eight private-sector firms to accelerate restructuring measures.

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New Renesas President Tsurumaru

New Renesas President Tsurumaru

TOKYO, Japan - File photo shows Tetsuya Tsurumaru, senior vice president of Japanese chipmaker Renesas Electronics Corp. The company plans to promote Tsurumaru to president as incumbent president, Yasushi Akao, will step down to take responsibility for a slump in business, sources close to the matter said Feb. 19, 2013.

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Renesas to receive up to 200 bil. yen bailout

Renesas to receive up to 200 bil. yen bailout

TOKYO, Japan - Yasushi Akao, president of Renesas Electronics Corp., speaks at a press conference in Tokyo on Dec. 10, 2012. Struggling Japanese chipmaker Renesas Electronics said the same day it will receive up to 200 billion yen in aid from a government-backed fund and private-sector firms to turn around its faltering business.

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Renesas announces massive restructuring steps

Renesas announces massive restructuring steps

TOKYO, Japan - Renesas Electronics Corp. President Yasushi Akao announces a set of restructuring steps at a press conference in Tokyo on July 3, 2012. The struggling chipmaker announced plans to close or sell eight of its 18 domestic plants and eliminate more than 5,000 jobs, as part of a massive restructuring aimed at shifting towards overseas production and focusing on profitable microcontrollers.

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Renesas announces massive restructuring steps

Renesas announces massive restructuring steps

TOKYO, Japan - File photo taken in May 2012 shows the building housing the headquarters of Renesas Electronics Corp. in Tokyo. The struggling chipmaker announced plans July 3, 2012, to close or sell eight of its 18 domestic plants and eliminate more than 5,000 jobs, as part of a massive restructuring aimed at shifting towards overseas production and focusing on profitable microcontrollers.

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Renesas Electronics to expand tie-up with Taiwan firm

Renesas Electronics to expand tie-up with Taiwan firm

TOKYO, Japan - Shinichi Iwamoto (R), senior vice president of Japanese semiconductor maker Renesas Electronics Corp., and Lin Cheng-Ming, a senior official of Taiwan Semiconductor Manufacturing Co., shake hands during a press conference in Tokyo on May 28, 2012. Renesas Electronics said it will expand its business tie-up with the Taiwan firm by outsourcing production of its mainstay microcontrollers as the struggling Japanese company tries to improve its financial standing.

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Electronics mulls shedding up to 14,000 jobs

Electronics mulls shedding up to 14,000 jobs

TOKYO, Japan - Photo taken on May 26, 2012, shows a building housing the head office of Renesas Electronics Corp. in Tokyo's Chiyoda Ward. The struggling major semiconductor maker is reportedly considering slashing up to around 14,000 jobs, or around 30 percent of its entire workforce, while it is in talks to sell a factory in Japan to a Taiwanese company.

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Renesas to cut 4,000 jobs

Renesas to cut 4,000 jobs

TOKYO, Japan - Renesas Electronics Corp. President Yasushi Akao speaks at a news conference in Tokyo on July 29, 2010. The computer chip maker announced it will cut 4,000 employees by fiscal 2012 to improve production and development.

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Chipmakers Renesas, NEC Electronics to merge by next April

Chipmakers Renesas, NEC Electronics to merge by next April

TOKYO, Japan - NEC Corp. President Kaoru Yano answers questions from reporters at a press conference in Tokyo on April 27 during which the company announced a merger between its affiliate NEC Electronics Corp. and Renesas Technology Corp.

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Chipmakers Renesas, NEC Electronics to merge by next April

Chipmakers Renesas, NEC Electronics to merge by next April

TOKYO, Japan - NEC Electronics Corp. President Toshio Nakajima (L) and Renesas Technology Corp. President Yasushi Akao shake hands at a joint press conference announcing a merger between their companies.

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Chipmakers Renesas, NEC Electronics in talks to merge

Chipmakers Renesas, NEC Electronics in talks to merge

TOKYO, Japan - Photo taken April 16 shows the building housing Renesas Technology Corp.'s headquarters in Tokyo. Japanese chipmakers NEC Electronics Corp. and Renesas Technology are considering integrating their operations to weather plummeting demand.

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Chipmakers Renesas, NEC Electronics in talks to merge

Chipmakers Renesas, NEC Electronics in talks to merge

TOKYO, Japan - Photo taken April 16 shows NEC Electronics Corp.'s headquarters in Kawasaki, Kanagawa Prefecture. Japanese chipmakers NEC Electronics and Renesas Technology Corp. are considering integrating their operations to weather plummeting demand.

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Chipmakers Renesas, NEC Electronics in talks to merge

Chipmakers Renesas, NEC Electronics in talks to merge

TOKYO, Japan - Photo taken April 16 shows NEC Electronics Corp.'s headquarters in Kawasaki, Kanagawa Prefecture. Japanese chipmakers NEC Electronics and Renesas Technology Corp. are considering integrating their operations to weather plummeting demand. (Kyodo)

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Chipmakers Renesas, NEC Electronics in talks to merge

Chipmakers Renesas, NEC Electronics in talks to merge

TOKYO, Japan - Photo taken April 16 shows the building housing Renesas Technology Corp.'s headquarters in Tokyo. Japanese chipmakers NEC Electronics Corp. and Renesas Technology are considering integrating their operations to weather plummeting demand. (Kyodo)

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Chipmakers Renesas, NEC Electronics to merge by next April

Chipmakers Renesas, NEC Electronics to merge by next April

TOKYO, Japan - NEC Corp. President Kaoru Yano answers questions from reporters at a press conference in Tokyo on April 27 during which the company announced a merger between its affiliate NEC Electronics Corp. and Renesas Technology Corp. (Kyodo)

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Chipmakers Renesas, NEC Electronics to merge by next April

Chipmakers Renesas, NEC Electronics to merge by next April

TOKYO, Japan - NEC Electronics Corp. President Toshio Nakajima (L) and Renesas Technology Corp. President Yasushi Akao shake hands at a joint press conference announcing a merger between their companies. (Kyodo)

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Renesas eyes May restoration of output capacity at fire-hit plant

Renesas eyes May restoration of output capacity at fire-hit plant

Renesas Electronics Corp. President and CEO Hidetoshi Shibata gives an online press conference on April 19, 2021, as seen in this screenshot image. The major Japanese semiconductor maker expects output capacity at a blaze-hit plant in Hitachinaka, Ibaraki Prefecture, to return to pre-fire levels in May.

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Japan's Renesas in talks to acquire U.S. chipmaker Maxim: report

Japan's Renesas in talks to acquire U.S. chipmaker Maxim: report

File photo taken in May 2012 shows Renesas Electronics Corp.'s headquarters in Tokyo. The Japanese chipmaker is in talks to acquire Maxim Integrated of the United States in what could be close to a $20 billion deal, CNBC reported on Jan. 29, 2018. (Kyodo) ==Kyodo

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Renesas to cut 4,000 jobs

Renesas to cut 4,000 jobs

TOKYO, Japan - Renesas Electronics Corp. President Yasushi Akao speaks at a news conference in Tokyo on July 29, 2010. The computer chip maker announced it will cut 4,000 employees by fiscal 2012 to improve production and development. (Kyodo)

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Renesas Electronics to expand tie-up with Taiwan firm

Renesas Electronics to expand tie-up with Taiwan firm

TOKYO, Japan - Shinichi Iwamoto (R), senior vice president of Japanese semiconductor maker Renesas Electronics Corp., and Lin Cheng-Ming, a senior official of Taiwan Semiconductor Manufacturing Co., shake hands during a press conference in Tokyo on May 28, 2012. Renesas Electronics said it will expand its business tie-up with the Taiwan firm by outsourcing production of its mainstay microcontrollers as the struggling Japanese company tries to improve its financial standing. (Kyodo)

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Electronics mulls shedding up to 14,000 jobs

Electronics mulls shedding up to 14,000 jobs

TOKYO, Japan - Photo taken on May 26, 2012, shows a building housing the head office of Renesas Electronics Corp. in Tokyo's Chiyoda Ward. The struggling major semiconductor maker is reportedly considering slashing up to around 14,000 jobs, or around 30 percent of its entire workforce, while it is in talks to sell a factory in Japan to a Taiwanese company. (Kyodo)

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Renesas to sell display chip unit to Synaptics for 48.5 bil. yen

Renesas to sell display chip unit to Synaptics for 48.5 bil. yen

TOKYO, Japan - Ikuo Kudo (L), president of display chip maker Renesas SP Drivers Inc., and Rick Bergman, president and chief executive officer of U.S. IT company Synaptics Inc., shake hands during a press conference in Tokyo on June 11, 2014. Struggling electronics maker Renesas Electronics Corp. said it will sell its subsidiary Renesas SP Drivers to Synaptics. (Kyodo)

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Renesas Electronics to buy U.S. chipmaker Intersil for $3.2 bil.

Renesas Electronics to buy U.S. chipmaker Intersil for $3.2 bil.

Renesas Electronics Corp. President Bunsei Kure speaks at a press conference in Tokyo on Sept. 13, 2016. The Japanese semiconductor company said it will buy U.S. semiconductor maker Intersil Corp. for $3.22 billion as part of a push to increase competitiveness in automotive chips and other growth areas. (Kyodo) ==Kyodo

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