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Semiconductors

Renesas to buy UK chip designer Dialog for $5.8bn

Japanese maker targets peer's 5G mobile communications technology

Renesas Electronics announced Monday that it will buy Dialog Semiconductor for 617.9 billion yen.

TOKYO -- Renesas Electronics of Japan announced Monday that it will acquire U.K. chip designer Dialog Semiconductor for 617.9 billion yen ($5.8 billion), after the two companies reached an agreement that Renesas will buy all shares of Dialog. 

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