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Electronics Production | September 16, 2009

NEC and Renesas merges

NEC Electronics and Renesas has now definitely decided to join forces.
The result of the merger between NEC Electronics and Renesas is the world's third largest semiconductor company. This will retain the name Renesas and start it's activities 1 April next year.

The new company's headquarters will be located at Kawasaki, Japan. NEC Electronics CEO Junshi Yamaguchi will become Chairman and CEO Renesas Yasushi Akao will become CEO of the new company. The company will be the world's third largest semiconductor company, after Intel and Samsung.

Renesas has 25 000 employees and NEC have 22 500, according to etn.se

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