Global consumer electronic leader Panasonic Corporation will transfer its semiconductor business to Taiwan-based Nuvoton Technology, a wholly owned subsidiary of Winbond Electronics.
Details provided below:
- Leading chipmaker of Taiwan Nuvoton will get Panasonics business and R&D operations related to power-management ICs, sensors (for smartphones, vehicles, and various types of cameras) and other types of products by taking over Panasonic Industrial Devices Systems & Technology (PIDST).
- Memory products maker Nuvoton will own four semiconductor manufacturing facilities one 300-mm fab and three 200-mm fabs.
- Japan based Panasonic Corporation started its semiconductor business in 1957 and was once a leading designer and maker of chips.
- Nuvoton Technology and Winbond provides customer-driven memory solutions and having expertise in product design, R&D, manufacturing, and sales service