Renesas Plans to Acquire Integrated Device Technology: A Step Towards Reviving Japan’s Semiconductor Industry?
Renesas Electronics, a major semiconductor company in Japan, has confirmed its intention to acquire the American semiconductor manufacturer Integrated Device Technology (IDT), and is currently in final negotiations. The acquisition amount is expected to be around $6 billion. IDT has advantages in the design and development of communication semiconductors, which are core technologies for the … Read more