Breaking News
News & Analysis

Renesas cuts 14,000 jobs; fab sale to TSMC

5/26/2012 00:10 AM EDT
10 comments
NO RATINGS
More Related Links
View Comments: Oldest First | Newest First | Threaded View
agk
User Rank
Rookie
re: Renesas cuts 14,000 jobs; fab sale to TSMC
agk   5/26/2012 12:34:32 PM
NO RATINGS
The Television market growth was fueling many industrial sectors. this slow down of TV sales may b for 3 more years and again catching up for another 10 years.Mean while many companies depended on TV business seems to be doing major restructuring.A big unemployment status.

GREAT-Terry
User Rank
CEO
re: Renesas cuts 14,000 jobs; fab sale to TSMC
GREAT-Terry   5/26/2012 4:39:32 PM
NO RATINGS
It is not a good sign! More job cut and shift of technology again!

wilber_xbox
User Rank
Manager
re: Renesas cuts 14,000 jobs; fab sale to TSMC
wilber_xbox   5/27/2012 9:45:46 AM
NO RATINGS
This is large scale restructuring. Consumer electronics and TV market has seen a major shift from Japanese manufactures to Samsung and others.

JStav
User Rank
Rookie
re: Renesas cuts 14,000 jobs; fab sale to TSMC
JStav   5/27/2012 4:08:01 PM
NO RATINGS
This is not a big surprise. They are the largest microcontroller company in the world, but I don't think they'll hold that distinction for too much longer.

_hm
User Rank
CEO
re: Renesas cuts 14,000 jobs; fab sale to TSMC
_hm   5/27/2012 4:36:41 PM
NO RATINGS
Dynamic market condition and slow response creates similar situation. It is very essential to have vision at top management level.

Kinnar
User Rank
CEO
re: Renesas cuts 14,000 jobs; fab sale to TSMC
Kinnar   5/27/2012 6:48:24 PM
NO RATINGS
It can be understand that the decline in the FlatTV leads to the closing of the facility, but why the plant which is designing and manufacturing ICs for LCDs is also being closed?

elctrnx_lyf
User Rank
Manager
re: Renesas cuts 14,000 jobs; fab sale to TSMC
elctrnx_lyf   5/28/2012 7:00:32 AM
NO RATINGS
TV market is certainly saturated recently and the companies involved in making semiconductor parts for the TV's could face the burn.

Robotics Developer
User Rank
Rookie
re: Renesas cuts 14,000 jobs; fab sale to TSMC
Robotics Developer   5/29/2012 3:49:07 PM
NO RATINGS
It would seem that the company has been hit with the double whammy of poor sales due to economy and a large infrastructure that was too expensive to maintain. The cuts and reorganization will be painful, I am wondering if they will have enough strength and product offerings to survive?

docdivakar
User Rank
Manager
re: Renesas cuts 14,000 jobs; fab sale to TSMC
docdivakar   6/1/2012 12:42:00 AM
NO RATINGS
This is sad, they had a group that did power management IC's and discretes that seemed to be doing well couple of years ago. MP Divakar

yalanand
User Rank
Rookie
re: Renesas cuts 14,000 jobs; fab sale to TSMC
yalanand   6/4/2012 3:06:41 PM
NO RATINGS
If lucky 1400 will join TSMC but what will happen to the other employees ? Will the be properly compensated ? Japan is facing lot of problems this decade like earthquakes, tsuname and financial slowdown. I hope thing will return to normalcy in Japan soon.

Radio
NEXT UPCOMING BROADCAST
EE Times Senior Technical Editor Martin Rowe will interview EMC engineer Kenneth Wyatt.
Top Comments of the Week
Like Us on Facebook

Datasheets.com Parts Search

185 million searchable parts
(please enter a part number or hit search to begin)
EE Times on Twitter
EE Times Twitter Feed
Flash Poll