NEC and Renesas Planning To Merge

NEC and Renesas are planning to merge companies in order to form a bigger and stronger semiconductor company.  Combined they would bring in roughly $13 billion in annual sales of semiconductor machinery.  Renesas itself is the product of a merger between Hitachi and Mitsubishi Electric.

In terms of overall market share, the combined company would still be the #2 behind a merged business between Intel and Samsung.  The two companies are aiming to conclude talks by July and become one company by next April.

[via Electronista/Engadget]

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at

NEC and Renesas Planning To Merge Comments

  1. LAPowerball says:

    that’s a big powerfull fusion

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