Reports: Renesas to tie up with TSMC, cut jobs
Peter Clarke, EETimes
5/24/2012 4:48 AM EDT
HELSINKI, Finland – Renesas Electronics Corp., Japan's largest maker of logic chips, is expected to announce business partnership with foundry Taiwan Semiconductor Manufacturing Co. Ltd. for the production of chips on Monday (May 28), according to reports.
Renesas reportedly confirmed it will tie-up with TSMC (Hsinchu, Taiwan) but provided no details. The move to outsource more chip production is seen as a move to combat heavy losses made by the company.
E-mail This Article | Printer-Friendly Page |
Related News
- Renesas to Cut 1,000 Jobs in Japan
- Broadcom to Cut Up to 1,150 Jobs
- Renesas cuts 14,000 jobs; fab sale to TSMC
- TSMC Reports First Quarter EPS of NT$8.70
- TSMC Arizona and U.S. Department of Commerce Announce up to US$6.6 Billion in Proposed CHIPS Act Direct Funding, the Company Plans Third Leading-Edge Fab in Phoenix
Breaking News
- Packetcraft Delivers Bluetooth Software Enabling Channel Sounding to Early Access Licensees
- QuickLogic Releases Aurora 2.6 with Expanded Operating System Support and Up to 15% Faster Performance
- Rapid Silicon Introduces Revolutionary Rapid eFPGA Configurator for Hassle Free Embedded FPGA Evaluation
- Silvaco Announces Launch of Initial Public Offering
- TSMC's A16 Process Moves Goalposts in Tech-Leadership Game