TOKYO, May 9 (Reuters) - Renesas Electronics Corp, the world's No.1 maker of micro-controller chips used in cars, said Thursday it would appoint Hisao Sakuta from Omron Corp to be its new CEO and chairman. Japanese chipmaker Renesas received a $1.8 billion government-led bailout last year as it attempts to turn around its loss-making system chip division to focus on its core micro-controller business that supplies major automakers like Toyota Motor Corp and Nissan Motor Co. ...
To access this content simply register below now.
Registering is easy and allows you to:
- Access all WardsAuto.com public content and newswire stories
- Participate in forums
- Comment on articles
- Sign up for e-newsletters
- And much more!