Renesas cuts 14,000 jobs; fab sale to TSMC
Junko Yoshida, EETimes
5/25/2012 8:10 PM EDT
TOKYO --Renesas Electronics Corp. plans to eliminate up to 14,000 jobs, while selling the company’s leading system-chip fab in Yamagata to Taiwan Semiconductor Manufacturing Co., according to a report in Nikkei, Japan’s economic newspaper.
Japan’s embattled microcontroller giant appears finally getting around to a long urged, “must-get-done” drastic restructuring. The layoff of 14,000 represents 30 percent of the company’s workforce
![]() |
E-mail This Article | ![]() |
![]() |
Printer-Friendly Page |
|
Related News
Breaking News
- Rambus Delivers 6400 MT/s DDR5 Registering Clock Driver to Advance Server Memory Performance
- GreenWaves Technologies announces a €20M financing
- Xfuse, LLC Phoenix ISP Now Available as a Download for AMD Kria KV260 Vision AI Starter Kit
- UMC and Cadence Collaborate on 3D-IC Hybrid Bonding Reference Flow
- Siemens advances integrated circuit verification with new, data-driven Questa Verification IQ software
Most Popular
- Intel kills its RISC-V Pathfinder development kit programme
- Faraday Announces Multi-site Manufacturing Support in ASIC
- Weebit Nano nears productisation, negotiating initial customer agreements
- EU Parliament Adopts Position on Chips Act
- Siemens advances integrated circuit verification with new, data-driven Questa Verification IQ software