Renesas-Intersil: Putting Down Chips for Automotive Jackpot – Wall Street Journal

Posted: Monday, August 22, 2016

A one-time supplier of chips to Apple iPhones looks to be paving the road to supply the likes of Appleā€™s cars. Getting bigger may be the only way to get there.

Japanese chip maker Renesas Electronics is in talks to buy U.S. peer Intersil for $3 billion, according to The Wall Street Journal. Originally formed from a combination of semiconductor units of NEC, Mitsubishi Electric and Hitachi, Renesas had a near-death experience after…

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