Renesas Electronics

Semiconductor company Renesas is exploring local production of chipsets that the company is developing in partnership with leading software company TCS, a senior official of the company said. Last month, Tata Consultancy Services (TCS) and Renesas Electronics Corporation (Renesas) opened a joint Innovation Center in Bengaluru and Hyderabad to jointly develop semiconductor chipsets for wireless technologies, industrial technologies etc for the global market. Renesas, Executive Vice President and General Manager, IoT and Infrastructure Business Unit, Sailesh Chittipeddi told PTI that the collaboration is on the lines of "Make in India to make for the world". "Partnership with TCS will start bearing fruit in 2 years in the form of semiconductor chipsets and system solutions for both Indian and global markets. We aim to explore pathways to locally produce these chips as part of the Make in India initiative with partnerships," Chittipeddi said. Renesas gets most of its semiconductor mad

Inks partnership with Tata Motors and Tejas Networks, plans innovation centre with TCS

As part of the partnership, Renesas will also work with Tejas Networks, a Tata Group company, on wireless network solutions including 5G

The centre in Bangalore will be a new hub for the two companies to develop crucial EV systems, such as battery management systems and motor control units

Japanese government has called and emailed equipment makers in Japan and overseas to request they provide parts and machinery to help Renesas, restore chip production at its fire-damaged plant

Toyota, Nissan, Honda and other Japanese automakers scrambled to assess production impact of a fire at a Renesas Electronics automotive chip plant that could aggravate global semiconductor shortage

Renesas would pay 67.50 euros a share for Frankfurt-listed Dialog, it said in a release to the Tokyo Stock Exchange, confirming an earlier statement from Dialog

Japan's Renesas Electronics is in the final stages of negotiations to acquire US chipmaker Intersil for as much as 300 billion yen ($2.99 billion), an industry source familiar with the deal said on Monday.An agreement on the deal, which would be the latest in a trend of consolidation among global chipmakers, was likely to come "soon", said the person, who was not authorised to discuss the matter and thus asked not to be named.Renesas said in a statement it was considering various options to grow, including a deal with a US chipmaker, but that nothing had been decided. Intersil could not be reached for comment outside business hours in the United States.Renesas shares rose as much as 4.2 per cent in early morning trade before closing down 3.1 per cent.Some investors have doubts about how much the deal could boost Renesas's profits, said Gavin Parry, managing director of Parry International Trading in Hong Kong.Renesas Chief Financial Officer Hidetoshi Shibata told Reuters in an intervie