Hitachi Toshiba and Intel established Renesas chip company for hegemony

EST on December 28th at 6:53 in the morning (Beijing time 19:53 on December 28th) news, Japan Hitachi Co. Ltd., Toshiba Co and Renesas Technology Corp announced on Wednesday, the three party alliance, the establishment of a joint company, the production of more advanced chip, competing with the big companies better with the world's largest chip production company, such as Intel. According to the "Japanese economic news" on Wednesday reported that the three companies will invest 100 billion yen to $851 million 600 thousand), the establishment of a new chip production line in Japan, and hope that the new company can start mass production system on chip in 2007.

Toshiba, Hitachi and Renesas three companies said in a joint statement, the three parties will begin to consider the establishment of a semiconductor manufacturing factory, but the situation has not yet been finalized.

For this news, analysts responded more cool. According to industry analysts believe that, in order to compete with the big companies like Intel or Samsung, Toshiba, Hitachi and Renesas still need to spend more energy and investment. according to

CLSA Asia Pacific market analyst Takeo Miyamoto said: whether there is a joint venture can really compete with Samsung or Intel, which is indeed questionable."

Have a certain influence on Toshiba, Hitachi three companies set up with Renesas chip company news has on their company's share price. On Wednesday, the stock market, Toshiba shares rose 1.16%, Hitachi shares rose 025%.