Renesas to restructure frontend ops

June 17, 2004 – Renesas Technology Corp., the chipmaking JV between Hitachi and Mitsubishi Electric, said it plans to restructure its frontend manufacturing business, resulting in the closure of Renesas Semiconductor Europe, the company’s facility in Alsdorf, Germany, by the end of this year. Frontend work for MCU, SRAM, and NOR flash memory will be transferred to manufacturing operations in Japan. The German site was opened in November 1989 and employs 520 workers.

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