TOKYO -- Japanese chipmaker Renesas Electronics will acquire U.S. power semiconductor company Transphorm for $339 million, the buyer said on Thursday, looking to boost its presence in advanced gallium nitride (GaN) chips for electric vehicles.
Semiconductors
Japan's Renesas to acquire U.S. power semiconductor maker
Chipmaker eyes full-fledged entry into gallium nitride chips for EVs
The acquisition by Renesas will be completed in the second half of 2024. (Photo by Ryo Mukano)
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