Renesas plans to close major chip plant in Japan - sources

Newswire

TOKYO, July 27 (Reuters) - Japan's Renesas Electronics Corp plans to close a system LSI chip plant in northern Japan that makes chips for Nintendo Co Ltd's Wii game consoles and other consumer electronics, after failing to find a buyer for the facility, sources familiar with the matter said on Saturday. The state-of-the-art Tsuruoka plant's 1,000 employees will be offered reassignments or voluntary redundancy, the sources said, as Renesas restructures to focus on ...

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