Renesas Chapter doubts that the deal with Infineon will be made
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POSTER: computer news || RENESAS CHAPTER DOUBTS THAT THE DEAL WITH INFINEON WILL BE MADE |
DATE:2015-12-22 |
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According to some reports, the purchase of shares in a Japanese company Renesas interest foreign investors in the face of Tsinghua Unigroup and Infineon Technologies. The latter is interested in strengthening its position in the automotive sector. This week, the head of Renesas Takao Endo in an interview with Reuters said that strongly doubts the ability of the investment fund INCJ to sell a large stake in the company to foreign investors. Currently INCJ has a 70% stake in Renesas. Chapter Renesas does not rule out that one or the other cooperation with Infineon at the level of movement of capital is possible, but the mutual integration of the companies is excluded. In connection with the increase in demand for automotive electronics Renesas may become an attractive target for investment, but the policy of the Japanese government gives priority to the protection of national interests, and for foreign investors it can become a problem. | ||
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RENESAS CHAPTER DOUBTS THAT THE DEAL WITH INFINEON WILL BE MADE |
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