Both companies also announced they have obtained approvals from the relevant antitrust authorities.
The new Renesas Electronics will be structured with 7 business units that conduct business operations and technology development, and 10 staff units.
Outline of the 7 business units are as follows:
l Sales Management Unit that constructs and executes sales strategies and measures on a global scale.
l 1st SoC Business Unit responsible for businesses in industrial and imaging (digital cameras, printers, game consoles, etc) areas.
l 2nd SoC Business Unit that promotes SoC businesses for the field of home multimedia including portable devices and digital consumer electronics.
l MCU Business Unit that is in charge of the company’s microcontroller (MCU) business.
l Analog & Power Devices Business Unit that promotes businesses such as power devices, mixed signal ICs (Integrated circuits incorporating both digital and analog functions), display systems, optical and microwave devices.
l Technology Development Unit that formulates technological strategy and promotes technology development.
l Production and Technology Unit that is in charge of developing production plans and technology development and investment plans, as well as, manufacturing management of the company’s plants and manufacturing affiliates.