The European Commission announced on Monday that it has launched an investigation into a group of chip suppliers who are suspected breaking the European Union's antitrust laws by operating a cartel.
Renesas Electronics expects to restart production at a quake-hit factory in east Japan in mid June, about two weeks earlier than initially planned, it said Friday.
Japanese DRAM maker Elpida Memory on Monday said its factories are operating "at close to normal levels" two weeks after the 9.0-magnitude earthquake in Japan, and that it has "sufficient parts and materials to continue supplying out customers as usual until the end of July."
Nokia is selling off its wireless modem business to Renesas Electronics, a move that could help the mobile giant better focus on phone competition and get rid of a business that may have been struggling.