Business / Corporate Sep 13, 2016

Renesas to buy U.S. chip-maker Intersil for $3.2 billion

Renesas Electronics Corp. agreed to buy U.S. chipmaker Intersil Corp. for $3.2 billion, seeking to accelerate its efforts to sell more automotive components. Renesas is offering $22.50 per share, a 14 percent premium to Monday's close, according to a statement to the Tokyo Stock Exchange ...

Business / Corporate Jul 19, 2016

SoftBank shares dive on concerns over balance sheet

Shares in SoftBank Group Corp. plunged in Tokyo on Tuesday after it unveiled its ¥3.3 trillion takeover of chip designer ARM Holdings PLC, a deal that marks founder Masayoshi Son's biggest gamble so far on the future of technology. The shares dropped as much as ...

Renesas embraces change with plans to outsource chip R&D

Business / Corporate Jul 1, 2016

Renesas embraces change with plans to outsource chip R&D

Renesas Electronics Corp. is doing something that only a decade ago would have been unthinkable for a Japanese semiconductor maker: outsourcing research overseas. Outsourcing more R&D reduces the cost of developing components for new applications in autonomous cars and "the internet of things," Chief Executive ...