Renesas Electronics Corp.Toyota, Nissan, Honda among investors prepping Renesas rescue 1:16 am U.S. ET | Oct. 13, 2012 A Japan government fund is expected to partner with about 10 companies in hopes of buying the struggling chipmaker Renesas Electronics in a 200 billion yen ($2.55 billion) deal, the Nikkei business daily said.... Read More »
Troubled supplier Renesas to shed 17% of work force 11:19 am U.S. ET | Oct. 3, 2012 Renesas Electronics, the world's top maker of microcontroller chips for cars, will let about 17 percent of its work force leave through an early-retirement program as the unprofitable company seeks to restructure.... Read More »
HANS GREIMEL Japan's Renesas rescue: White knights or protectionism? 9:42 am U.S. ET | Sept. 24, 2012 It was the auto parts company almost no one had heard of until it brought down the entire industry last year. Now, Renesas Electronics is back in the headlines, and again not necessarily for a good reason.... Read More »
Toyota, Honda, Nissan, others propose Renesas rescue, report says 8:01 am U.S. ET | Sept. 22, 2012 A rescue of Renesas Electronics is being organized by a consortium of Japanese companies led by Toyota, with the backing of a state-run fund, to counter a bid for the chipmaker by private equity firm KKR, the Nikkei business daily reported on Saturday.... Read More »
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Special Report
Dealer O.C. Welch's big-truck turnaroundAfter Mercury's demise, South Carolina Ford-Lincoln dealer O.C. Welch had to find a way to replace lost revenue. He decided to load up on Super Duty pickups – and sell them online. Mon., June 17» Watch the Video |
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