Take our user survey and make your voice heard.

Japan semiconductor company Renesas to buy U.S. firm IDT for $6.7 bil

By Kazuhiro Nogi

The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.

© 2018 AFP

©2024 GPlusMedia Inc.

Login to comment

"(Renasas) suffered from fierce competition from low-cost rivals and in 2013 was bailed out by a government-backed fund.

Too bad the US doesn't have a government that's willing to step in and actively protect its strategic industrial assets, like Japan has. Rather, US semiconductor makers and other strategic industries are up for grabs for the Japanese and Chinese.

That's how "globalization" works: protected markets are free to take over unprotected ones, while the billionaires pocket the profits.

0 ( +2 / -2 )


Well said and so true.

2 ( +3 / -1 )

Login to leave a comment

Facebook users

Use your Facebook account to login or register with JapanToday. By doing so, you will also receive an email inviting you to receive our news alerts.

Facebook Connect

Login with your JapanToday account

User registration

Articles, Offers & Useful Resources

A mix of what's trending on our other sites