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[autoblog] Nissan, Honda, Toyota to assist in $2.55B bailout of chipmaker Renesas with Japanese gov.

post #1 of 17
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renesas-chips-628.jpg
Quote:
ccording to a Reuters report, the Japanese government and several of the country's largest manufacturers are joining forces to rescue troubled electronics manufacturer Renesas Electronics. Toyota, Nissan, Honda, Panasonic, Canon and Denso are set to contribute a combined $637.9 million to a $2.55 billion deal that will see the group gain control of the company. Robert Bosch GmbH is also considering investing in the electronics manufacturer.

Source:
http://m.autoblog.com/2012/10/15/toyota-nissan-honda-to-assist-in-2-55b-bailout-of-chipmaker-r/?post=1&icid=autoblog_river_article
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post #2 of 17
Think mobile,.smartphone.who
Come to mind?Samsung?it should have been renesas!Samsung is new in this!
post #3 of 17
Can someone explain the magnitude of this? Wiki doesn't have much to offer and I'm not familiar with far-east microchip technology markets.
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post #4 of 17
Quote:
Originally Posted by Raven.7 View Post

Can someone explain the magnitude of this? Wiki doesn't have much to offer and I'm not familiar with far-east microchip technology markets.

I'm suprised there isn't a bigger article or more detail on Renesas.

Renesas is one of the largest semiconductor companies in the world...They ate NEC a few years back.

This is a really big deal...

Their most widespread product, arguably, would be the ICU (The chip that makes your car go vroom).
post #5 of 17
samsung in your home, samsung in your phone, samsung in your car, samsung for world domination
    
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post #6 of 17
Quote:
Originally Posted by drbaltazar View Post

Think mobile,.smartphone.who
Come to mind?Samsung?it should have been renesas!Samsung is new in this!

What does smartphones have to do with the article? Renesas don't make smartphones.
    
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post #7 of 17
Quote:
Originally Posted by andrews2547 View Post

What does smartphones have to do with the article? Renesas don't make smartphones.

Semiconductors...They make the chip that runs your phone...So, they also make your smart phone go Vroom.
post #8 of 17
i tend to forget this young Gen I am talking to,basicly Japan was THE MASTER in technology,like electronic.still probably is.rca closed because of Japan superiority in various field.samsung was lucky,cataclism hit Japan,but make no mistake ,Japan is still the master.korea better wip Samsung very hard at the fringe of reality because whatever the rest think,Japan is getting ready .it isn't the first time .true Japan has been sleeping on their crown ,nlbut I think they re awaken now.
post #9 of 17
Quote:
Originally Posted by Masked View Post

Semiconductors...They make the chip that runs your phone...So, they also make your smart phone go Vroom.

Yes I know what they make. I know what Samsung makes as well. Renesas only makes semiconductors, not smartphones.
    
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post #10 of 17
Quote:
Originally Posted by andrews2547 View Post

Yes I know what they make. I know what Samsung makes as well. Renesas only makes semiconductors, not smartphones.

So you're magically going to start using that phone without any semiconductors? ...Shall I break out the twine & soup cans?
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Overclock.net › Forums › Industry News › Hardware News › [autoblog] Nissan, Honda, Toyota to assist in $2.55B bailout of chipmaker Renesas with Japanese gov.