On one hand, Japan wants to keep this affair in the family by using government money and funding from domestic customers and investors, thus shutting out a potential foreign buyer. On the other hand, Japan wants a non-Japanese CEO to pull off a miracle.
Cynics might say that Japan is already looking to hire a “foreign” scapegoat, in case Renesas collapses. Either that, or Japanese officials may be naïve enough to believe that someone like Carlos Ghosn, who saved troubled Nissan, will miraculously emerge from the global chip industry to save the day.
Who would you nominate as the savior of Renesas? Let us know in the comments box below.
Junko, Interesting article.
I think you may need to add one more zero. 138BYen is $1.67B...not $167M. Do we really think you can pick up a majority stake in a company the size of Renesas (~$8-9B in sales) for under $200M?
David Patterson, known for his pioneering research that led to RAID, clusters and more, is part of a team at UC Berkeley that recently made its RISC-V processor architecture an open source hardware offering. We talk with Patterson and one of his colleagues behind the effort about the opportunities they see, what new kinds of designs they hope to enable and what it means for today’s commercial processor giants such as Intel, ARM and Imagination Technologies.