News Article

Panasonic Completes Transfer Of Semiconductor Business To Nuvoton


Panasonic Corp of Osaka, Japan has completed the transfer of
its semiconductor business - which is mainly operated by Panasonic
Semiconductor Solutions Co Ltd (PSCS) - to Taiwan-based Nuvoton Technology
Corp, a semiconductor company under the umbrella of Winbond Electronics Corp
group, following the receipt of regulatory approvals.

Since the transfer was announced last November, Panasonic
and Nuvoton have been collaboratively pursuing anti-trust clearance and other
customary regulatory approvals from the competent authorities, with a target
effective date of 1 June. However, the closing date was postponed due largely
to the COVID-19-induced delay in clearance processes. The transaction has now
been completed with all the necessary approvals obtained.

Restructuring of the semiconductor business, announced along
with the transfer, has already been completed prior to the transaction.

Panasonic says that, going forward, it remains committed to
focusing on its B-to-B business. In the industrial solutions business, it has
identified ‘Automotive CASE', ‘Information Network Infrastructure' and
‘Automation/Labor-savings' as three key areas of focus.

Following completion of the transfer, PSCS is being renamed
Nuvoton Technology Corporation Japan.

The transaction includes all shares of PSCS, equipment and
inventories of Panasonic Semiconductor (Suzhou) Co Ltd, and assets, liabilities
and contracts related to predefined specific business of Panasonic Industrial
Devices Semiconductor Asia.

Nuvoton not only acquires PSCS' R&D manpower, plus
sensing, microcontroller and component technologies but also land in Nagaokakyo
City, Kyoto Prefecture and four other locations. In the long term, Nuvoton is
expected to enhance the technology capabilities, diversify the product line,
enlarge its business scope as well as revenue growth, gain additional market
shares and therefore increase its visibility in both Japan and the global

Through the acquisition, Nuvoton aims to capture the
long-term growth trends in the industrial automation and automotive sectors,
create a strategic position for its industrial growth, expand global sales
channels and boost its influence in the global semiconductor industry.

Romeo Power Announces Lionel Selwood, Jr As Chief Executive Officer
Stena Gives Volvo Bus Batteries A Second Life
Stay Healthy With Touchless Technology – Introducing New 3D Time-of-flight Image Sensors
SMI Develops GaN 600V/20A In Collaboration With SUNY Albany With DOE Funded Effort
SweGaN On Swedish Hottest Tech Startup List
Siemens And VSI Labs Partner To Advance Autonomous Vehicle Development
Consolidation, Automation And Electric Vehicles: Automotive Engineers Outline Their Thermal Challenges For 2020
GM’s Future EVs To Debut Wireless Battery Management System
Mitsubishi To Launch Second Gen SiC Modules
BMW Brilliance Automotive Doubles Production Capacity For High-voltage Batteries In China
Hyundai And SK Innovation To Jointly Develop EV Battery Industry Ecosystem
Richardson RFPD To Distribute Hitachi ABB Power Grids Range
EPC Launches Latest 100V EGaN FETs
Volkswagen Ensures Greater Transparency In Procurement Of Battery Raw Materials
Nikola And General Motors Form Strategic Partnership
Mercedes-Benz ECitaro G Articulated Bus Now Comes With Innovative Solid-state Batteries
SMART Modular’s DDR4 NVDIMMs Reach New Speed Threshold
Tektronix Delivers Industry’s First 10 GHz Oscilloscope With 4, 6 Or 8 Channels
Panasonic Completes Transfer Of Semiconductor Business To Nuvoton
ACM Research Introduces Cleaning System For Ultra-thin Wafers
New Jeep Wrangler 4XE Joins The Brand’s EV Lineup
NCR18650BD-Improved, The Ultimate Generation Of Safe, Smart And Stable Li-ion Cell
Power Integrations Targets Compact Smart-Lighting Designs
Groupe PSA And Total Create Joint Venture To Manufacture Batteries In Europe

Search the news archive

To close this popup you can press escape or click the close icon.
Register - Step 1

You may choose to subscribe to the Power Electronics World Magazine, the Power Electronics World Newsletter, or both. You may also request additional information if required, before submitting your application.

Please subscribe me to:


You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in: