Renesas to outsource 40-nm chip production to TSMC

Newswire

TOKYO, May 28 (Reuters) - Japanese chipmaker Renesas Electronics Corp said on Monday it plans to outsource production of 40-nanometre and smaller microcontrollers to Taiwan Semiconductor Manufacturing Co as it battles high costs and dwindling capital. Renesas, created from the merger of struggling Japanese chip operations, has been hard-pressed to keep up with bigger rivals such as Samsung Electronics in an industry requiring increasingly costly investment. (Reporting by Mari Saito; Editing ...

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