# Hitachi and Mitsubishi Electric to merge chip businesses into Renesas

Hitachi and Mitsubishi Electric plan to combine their semiconductor operations into a new company called Renesas, creating a major Japanese chip venture.

- Type: Acquisition
- Announced: 2026-05-24
- Where: Japan
- Status: announced
- Products: microcontrollers, system chips, automotive electronics, industrial semiconductors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Hitachi](https://endata.com/companies/1325.md)
- [Mitsubishi Electric](https://endata.com/companies/2378.md)
- [Konecranes](https://endata.com/companies/511.md) (acquirer)
- [Renesas](https://endata.com/companies/34259.md) (target)
- [Mitsubishi Electric FA Industrial Machinery](https://endata.com/companies/92925.md) (target)

## Sources

- [positioniseverything.net](https://www.positioniseverything.net/hitachi-mitsubishi-to-merge-chip-businesses-in-renesas-venture/), 2026-05-24: "Hitachi and Mitsubishi Electric are moving to combine their semiconductor operations in a new company called Renesas, creating a major Japanese chip venture aimed at strengthening scale, sharpening product focus, and improving competitiveness in a difficult global market."
- [nikkei.com](https://www.nikkei.com/article/DGXZRSP709532_Y6A700C2000000/), 2026-07-08: "この度の取引を大変喜ばしく思います。"

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.