, the world's fifth-largest chipmaker, said it will seek
to reduce 12 percent of its workforce and shed half of its 19
domestic plants as it competes with Korean and Taiwanese
companies to make cheaper, smaller chips.
Tuesday, July 3, 2012
UPDATE 1-Japan's Renesas seeks to cut 12 pct of workforce, sell plants
TOKYO, July 3 (Reuters) - Japan's Renesas Electronics Corp
, the world's fifth-largest chipmaker, said it will seek
to reduce 12 percent of its workforce and shed half of its 19
domestic plants as it competes with Korean and Taiwanese
companies to make cheaper, smaller chips. 
, the world's fifth-largest chipmaker, said it will seek
to reduce 12 percent of its workforce and shed half of its 19
domestic plants as it competes with Korean and Taiwanese
companies to make cheaper, smaller chips.
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