Renesas Electronics Reaches Definitive Agreement with TDK on Transfer of Renesas Electronics Subsidiary’s Tsuruoka Factory

TOKYO — (BUSINESS WIRE) — April 28, 2016 — As previously announced in the press release “TDK and Renesas Electronics Sign Basic Agreement on Transfer of Renesas Electronics Subsidiary's Tsuruoka Factory,” dated November 30, 2015, Renesas Electronics Corporation (“Renesas Electronics”, TSE: 6723), and Renesas Semiconductor Manufacturing Co., Ltd. (“Renesas Semiconductor Manufacturing”), a wholly owned subsidiary of Renesas Electronics, have been working with TDK Corporation (“TDK”, TSE: 6762) and TDK Shonai Corporation, a wholly owned subsidiary of TDK, to further agree on terms and conditions of transferring Renesas Semiconductor Manufacturing’s Tsuruoka Factory to TDK, and today they announced that the four companies signed a definitive agreement on April 28, 2016.

Based on the definitive agreement, the parties continue to work cohesively to complete the transaction targeting the end of March 2017.

Overview of Tsuruoka Factory

Name   :   Renesas Semiconductor Manufacturing Co., Ltd., Tsuruoka Factory
Address : 1-14-38 Takarada, Tsuruoka, Yamagata Pref. 997-8523
Established : June 22, 1964
Representative : Toshihide Kobayashi (Vice President)
Major operations : Manufacture of system LSIs, ICs, transistors, etc.
Employees : Approx. 270 (as of end of October, 2015)

About Renesas Electronics Corporation

Renesas Electronics Corporation (TSE: 6723), the world's number one supplier of microcontrollers, is a premiere supplier of advanced semiconductor solutions including microcontrollers, SoC solutions and a broad-range of analog and power devices. Business operations began as Renesas Electronics in April 2010 through the integration of NEC Electronics Corporation (TSE: 6723) and Renesas Technology Corp., with operations spanning research, development, design and manufacturing for a wide range of applications. Headquartered in Japan, Renesas Electronics has subsidiaries in 20 countries worldwide. More information can be found at


Renesas Electronics Corporation
Kyoko Okamoto, + 81-3-6756-5555
Email Contact

Review Article Be the first to review this article
CST Webinar Series


Featured Video
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
Acquiring Mentor: Four Good Ideas, One Great
More Editorial  
Manager, Field Applications Engineering for Real Intent at Sunnyvale, CA
Upcoming Events
SEMICON Europe at Grenoble France - Oct 25 - 27, 2016
ARM TechCon 2016 at Santa Clara Convention Center Santa Clara CA - Oct 25 - 27, 2016
Call For Proposals Now Open! at Santa Clara Convention Center, Santa Clara, CA California CA - Oct 25 - 27, 2016
DeviceWerx - 2016 at Green Valley Ranch Casino & Resort Las Vegas NV - Nov 3 - 4, 2016
S2C: FPGA Base prototyping- Download white paper

Internet Business Systems © 2016 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy