Article: Mitsubishi Electric to Acquire Ownership of Renesas Technology's Kumamoto Factory


Wireless News
02-05-2008
Mitsubishi Electric to Acquire Ownership of Renesas Technology's Kumamoto Factory

WIRELESS NEWS-January 5, 2008-Mitsubishi Electric to Acquire Ownership of Renesas Technology's Kumamoto Factory (C)2008 10Meters - http://www.10meters.com

Mitsubishi Electric President and CEO Setsuhiro Shimomura, and Renesas Technology Corp. Chairman and CEO, Satoru Ito announced that they have reached an agreement for Mitsubishi Electric to acquire buildings and its manufacturing facilities of Renesas' Kumamoto factory.
In April 2003, Mitsubishi Electric transferred its system LSI and system memory businesses to Renesas, which was established as a joint venture between Mitsubishi ...

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