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Broadcom to buy LTE assets from Renesas Electronics
2013-09-04 17:49:47| Electronics - Topix.net
Mobile chipmaker Broadcom said it is buying Japanese chipmaker Renesas Electronics' LTE-related assets for $164 million to speed up its launch of next-generation communications technology.
Tags: buy
electronics
assets
broadcom
Broadcom to acquire Renesas LTE modem business
2013-09-04 15:44:00| Telecompaper Headlines
(Telecompaper) Broadcom has agreed to acquire Renesas Electronics' LTE modem business for USD 164 million. Renesas announced earlier this year plans to withdraw from the mobile market, after seeing a sharp drop in volume after it acquired Nokia's chip business. Broadcom said the deal will help it accelerate development of its first multi-mode LTE SoC, which is expected to launch in early 2014. The acquisition includes a dual-core LTE SoC that is ready for volume production and has been validated by operators in North America, Japan and Europe. Broadcom also receives patented technology and experienced engineers in multimode, multiband, LTE-A/HSPA+/EDGE modems, including support for emerging features such as carrier aggregation and VoLTE. The loss-making activities will weigh on Broadcom's earnings in the near term, but it expects to have the business breakeven by the second half of 2014 and turning an adjusted profit in 2015. The takeover is expected to close early in the fourth quarter.
Tags: business
modem
acquire
broadcom
Renesas Licenses Cadence's Tensilica ConnX D2 DSP For Next-Generation IoT Chip
2013-08-30 03:36:54| autocentral News Articles
Cadence Design Systems, Inc. (NASDAQ: CDNS), a leader in global electronic design innovation, today announced that as part of their Smart Society initiative, Renesas Electronics Corporation has licensed the Tensilica ConnX D2 DSP (digital signal processor) for a next-generation chip designed for Internet of Things (IoT) applications
Renesas Electronics Introduces New Optical Image Stabilizer Driver IC For Smartphones And Tablet PC Cameras
2013-07-18 16:56:00| electronicsweb Home Page
Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, recently announced the development of the RAA305170GBM, an optical image stabilizer (OIS) control driver IC for use in camera-equipped mobile phones and tablet PCs
Tags: image
pc
electronics
driver
Renesas Electronics to shut down mobile modem business
2013-06-28 11:27:00| Telecompaper Headlines
(Telecompaper) Renesas Electronics announced it will shut down its mobile modem business, after failing to find a buyer for the business. The company announced in March a strategic review of the activities acquired from Nokia over two years ago, due to poor business returns and difficult market conditions. Renesas has now decided to shut down the business focused on developing and making LTE modems. It will continue to support older products already in mass production or used by customers. Going forward the company will focus on its automotive and industrial products. The shutdown, expected to be completed by the end of 2013, will affect sites in Finland, India and China, employing respectively 1,100, 300 and 30 employees. Renesas said it was still assessing the impact on its financial results.
Tags: business
mobile
electronics
modem
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