One of the keys to Renesas’ stunning transformation over the past decade was the consolidation of factories. (Photo by Ryosuke Eguchi)
RYO MUKANO and YOICHIRO HIROI, Nikkei staff writers |
TOKYO — In a sign of how Japan’s Renesas has advanced from a loss-making chipmaker to a high-earning link in global supply chains, investors Hitachi and NEC are poised to exit.
The Japanese technology groups this week announced plans to sell their stakes in Renesas, which was built from operations they spun off more than a decade ago.
