TOKYO -- In a sign of how Japan's Renesas has advanced from a loss-making chipmaker to a high-earning link in global supply chains, investors Hitachi and NEC are poised to exit.
Semiconductors
Chipmaker Renesas' investors Hitachi, NEC cash out in turnaround milestone
Once-struggling Japanese company now outperforms Intel by some earnings measures
One of the keys to Renesas' stunning transformation over the past decade was the consolidation of factories. (Photo by Ryosuke Eguchi)
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