CONNECT WITH US

Renesas reportedly to sell timing unit to SiTime in US$3 billion deal

Jingyue Hsiao, DIGITIMES Asia, Taipei 0

Credit: AFP

According to Bloomberg and Nikkei, citing respective sources, Renesas Electronics is set to divest its clocks and timing device business to US chip design company SiTime for around US$3 billion, in a move aimed at sharpening its focus...

The article requires paid subscription. Subscribe Now