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Mitsubishi Electric Corp (6503.T)

6503.T on Tokyo Stock Exchange

1,421JPY
16 Oct 2018
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¥18 (+1.32%)
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Renesas in $6.7 billion deal for IDT to boost chips for self-driving cars

TOKYO Japan's Renesas Electronics Corp said it had agreed to buy Integrated Device Technology Inc (IDT) for $6.7 billion, its second major acquisition as it deepens its push into semiconductors for self-driving cars. | Video

UPDATE 2- Renesas in $6.7 bln deal for IDT to boost chips for self-driving cars

* Second major analog chip deal after paying $3.2 bln for Intersil

Japan's Renesas says considering buying U.S. chipmaker IDT

TOKYO Renesas Electronics Corp is considering buying U.S. chipmaker Integrated Device Technology Inc, the Japanese automotive chipmaker said on Friday, as it beefs up its business in chips for self-driving cars and seeks new growth areas.

UPDATE 3-Japan's Renesas says considering buying U.S. chipmaker IDT

* Renesas is beefing up business in chips for self-driving cars

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