TDK and Renesas Electronics Sign Basic Agreement on Transfer of Renesas Electronics Subsidiary’s Tsuruoka Factory

TDK Corporation , Renesas Electronics Corporation , and Renesas Semiconductor Manufacturing Co., Ltd. , a wholly owned subsidiary of Renesas Electronics, today announced that they signed a basic agreement on November 27, 2015 under which Renesas Semiconductor Manufacturing’s Tsuruoka Factory will be transferred to TDK.

Read the source article at Yahoo Finance

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