Mitsubishi Electric News

Renesas Electronics Corp. fell to the lowest level on record in Tokyo, extending its two-day drop to as much as 25 percent after the company was said to be planning to cut 10,000 jobs and raise 100 billion yen .

Renesas Electronics Corp., the world's biggest maker of automotive microcontrollers, plans to raise 100 billion yen of capital and eliminate more than 10,000 jobs, according to the latest draft of a restructuring plan, a person briefed on the matter said.

Renesas Electronics Corp., the world's biggest maker of automotive microcontrollers, plans to raise capital of 100 billion yen and eliminate more than 10,000 jobs, according to the latest draft of a restructuring plan, a person briefed on the matter said.

Japanese microchip-maker Renesas Electronics will cut 6,000 jobs, or 15 percent of its workforce, a leading daily reported on Tuesday, as the nation's chip industry struggles on the world stage.

"We are very happy to have Mitsubishi Electric Corporation as a partner. Their world-leading knowledge and experience will bring the infotainment system in our cars up to an entirely new level," says Stefan Jacoby, President and CEO of Volvo Car Corporation.

Mitsubishi Electric Corporation announced today it has developed a prototype forced-air-cooled three-phase 400V output inverter with all-silicon carbide power modules that has a power density of 50kVA per liter.

Renesas Electronics Corp., the world's biggest automotive microcontrollers maker, rose the most in three months in Tokyo trading after the Yomiuri newspaper said it plans to raise capital and cut about 6,000 jobs.

Mitsubishi Electric Corporation, the Japanese multinational electronics and electrical equipment manufacturing company will design the next generation automotive infotainment systems for all Volvo vehicles launched from November 2013 onwards.

Stocks rose more than 1 percent on Monday, with the S&P 500 snapping a six-day losing streak in a rebound from equities' biggest weekly drop in almost six months, but Facebook slumped in its second session after a disappointing debut.

The Nikkei put on 0.3 percent to 8,633.89 after sliding 3 percent on Friday to log a seventh straight week of losses, its longest such run since 2001, as the euro zone debt crisis and concerns over global growth intensified.

Mitsubishi Electric Corp may support loss-making chipmaker Renesas Electronics Corp along with Renesas's other parent firms Hitachi Ltd and NEC Corp, Mitsubishi Electric's president Kenichiro Yamanishi said on Monday.

"It's the perfect example of a very small company that was put upon by a large multinational," said Hofer, of North Naples.

The site is a dedicated resource that identifies common packaging challenges and how Mitsubishi Electric solutions are designed to overcome them.

Mitsubishi Electric Visual Solutions America, Inc. upgrades its high-brightness portable projector line with two new DLPA models that offer flexibility, easy set-up, and a low operating cost, with a long-life lamp estimated to last up to 5000 hours under certain operating conditions*. "We're offering our customers an upgrade path to our very ... (more)

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