Renesas Electronics (RNECY.PK +2%), Fujitsu (FJTSY.PK +4.2%) and Panasonic (PC +2%) have begun...

|About: Renesas Electronics Corp ADR (RNECY)|By:, SA News Editor

Renesas Electronics (RNECY.PK +2%), Fujitsu (FJTSY.PK +4.2%) and Panasonic (PC +2%) have begun discussions toward integrating their system chip operations. The move is aimed at ensuring the survival of the Japanese chip industry by creating a globally competitive system chip company.