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Topic: NEC to become bigger than TI?
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Julio Roberto
Jedi Master Film Handler
Posts: 938
From: Madrid, Madrid, Spain
Registered: Oct 2008
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posted 04-27-2009 03:11 PM
quote:
Tokyo (Japan) - Chip companies NEC Electronics and Renesas said they have plans to merge, in a move which would turn their combined forces into the third largest semiconductor company in the world.
Renesas is a joint venture owned by Mitsubishi and Hitachi, and aim to complete the merger by April 1st next year.
The chip industry has been hard hit by the credit crunch, and Japanese companies, in particular, have suffered of late.
A combined company would be third behind Intel and Samsung, and will corner the market in microcontrollers. Intel's speciality is microprocessors, and whenever you remember Samsung you think of, er, memory.
The memory companies - the paramount firm being Korean giant Samsung - believe that they are entering a period of consolidation. The Taiwanese government is attempting to broker a plan which bales out its DRAM champions.
This move would make NEC (or whatever NEC/Renesas merge ends up being called) as potentially "bigger" than Texas Instruments.
Just putting the news here as NEC is a player in the Dcinema industry with their DLP DCI projectors and server. NEC is also well known in the world of LCD projectors, monitors and information technology, besides the electrical and semiconductor divisions, of course.
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