Renesas Electronics Reaches Definitive Agreement with TDK on Transfer of Renesas Electronics Subsidiary's Tsuruoka Factory
Based on the definitive agreement, the parties continue to work cohesively to complete the transaction targeting the end of March 2017.
Overview of Tsuruoka Factory
|Name||: Renesas Semiconductor Manufacturing Co., Ltd., Tsuruoka Factory|
|Address||: 1-14-38 Takarada, Tsuruoka, Yamagata Pref. 997-8523|
|Established||: June 22, 1964|
|Representative||: Toshihide Kobayashi (Vice President)|
|Major operations||: Manufacture of system LSIs, ICs, transistors, etc.|
|Employees||: Approx. 270 (as of end of October, 2015)|
About Renesas Electronics Corporation
Renesas Electronics Corporation (TSE: 6723), the world's number one supplier of microcontrollers, is a premier supplier of advanced semiconductor solutions including microcontrollers, SoC solutions and a broad range of analog and power devices. Business operations began as Renesas Electronics in April 2010 through the integration of NEC Electronics Corporation (TSE:6723) and Renesas Technology Corp., with operations spanning research, development, design and manufacturing for a wide range of applications. Headquartered in Japan, Renesas Electronics has subsidiaries in approximately 20 countries worldwide.