Chips

NEC and Renesas will merge

Nibble To become the number three chipmaker

By Nick Farrell

Mon Apr 27 2009, 12:58

NEC AND RENESAS have decided to merge to create Japan's largest semiconductor maker.

The pair say they will have their operations merged by April 2010 and become the world's number three chipmaker behind Intel and Samsung.

It has been expected that chipmakers would merge in a bid to handle the economic downturn. µ

L'Inq
AP

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NEC and Renesas will merge

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