Renesas Technology

NEC Electronics and Renesas Technology signed a merger agreement to integrate operations on April 1, 2010, creating the world's third-largest chipmaker. The merger will combine their semiconductor businesses, with NEC Electronics absorbing Renesas and changing its name.

Renesas Technology, Sharp Corporation, and Powerchip Semiconductor agreed to establish a joint venture, Renesas SP Drivers Inc, on April 1, 2008, specializing in drivers and controllers for small- and mid-size LCDs. Powerchip will handle production.