According to Reuters, sources say that Renesas Electronics is exploring the sale of its timing division in a deal that could value the business at nearly $2 billion. The company is reportedly working with investment bankers at JPMorgan on the potential divestment, which is still in its early stages....

Amid the uncertainty of U.S. chip tariffs, Japan’s semiconductor companies—with limited presence in the U.S.—are gearing up for tougher times. Renesas, in particular, faces mounting pressure, as Newswitch highlights growing concerns over the future of its Takasaki plant and looming domestic wo...

Facing Wolfspeed’s looming bankruptcy, Renesas has signed a Restructuring Support Agreement (RSA) with the SiC giant and expects to book a loss of about JPY 250 billion in the first half of fiscal 2025 (January to June), as noted in its press release. In the wake of this setback, Japanese media ou...

According to MoneyDJ, Wolfspeed is reportedly preparing to file for bankruptcy in the near future. Japanese semiconductor giant Renesas Electronics, which has a supply agreement with Wolfspeed, announces that it has signed a Restructuring Support Agreement (RSA) with the company. As noted in its pre...

According to ijiwei, citing the Economic Times, Japanese chipmaker Renesas Electronics says its situation with Wolfspeed does not affect its OSAT joint venture with CG Power in India. Renesas also clarifies that it has no plans to produce SiC devices under the OSAT collaboration, the report highligh...