Renesas, Sharp and Powerchip Semi Announce Joint Venture for Small- and Mid-Size LCD Components

摘要

Renesas Technology Corp., Sharp Corp. and Powerchip Semiconductor Corp. (PSC) announced in February an agreement to establish a joint venture specializing in drivers and controllers for small- and mid-size LCDs. Consolidating the business operations of Renesas Technology and Sharp in this field, the new company will engage in the design, development, sales and marketing of LCD drivers and controllers, according to a press release. Business operations related to these products will be transferred to the new company starting April 2008 for Renesas Technology, and by the end of fiscal 2008 for Sharp. The new company will begin full operations on April 1,2008.