EXCLUSIVE-JAPANESE SEMICONDUCTOR COMPANY RENESAS EXPLORES $2 BILLION SALE OF TIMING UNIT
https://media.zenfs.com/en/reuters-finance.com/e298c2c13403727a0dd4489ec53c2edf
βοΈ Renesas Electronics Corp. is exploring a sale of its timing division, which could value the business at around $2 billion.
π Renesas Electronics Corp. is exploring a sale of its timing division π The division develops and supplies specialized integrated circuits π The division is critical for high-speed networking equipment π The potential sale could value the business at around $2 billion π Renesas is working with JPMorgan on the potential divestment
-- #MilanaVinn #DawnKopecki #MarkPorter #NewYork #Japan #Germany #UnitedStates #business
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