HomeBusiness News – Renesas Electronics Corp, United States, Peter Tuz, SamsungBusinessBusiness News – Renesas Electronics Corp, United States, Peter Tuz, Samsung

Business News – Renesas Electronics Corp, United States, Peter Tuz, Samsung

Japan’s Renesas considering selling loss-making mobile chip unit
TOKYO (Reuters) – Japan’s Renesas Electronics Corp will decide in fiscal 2013 whether to sell its loss-making mobile chip business, the company said on Tuesday. Renesas, the world’s No. 1 maker of microcontroller chips used in cars, received a $1.8 billion government-led bailout last year. The mobile chip division is part of its wholly owned subsidiary Renesas Mobile. Renesas acquired its mobile chip business from Finland’s Nokia in 2010, and said the division has been in the red since then. …

U.S. Futures Point to Lower Open
U.S. stock-index futures traded slightly lower with investors weighing whether the market has the momentum to extend a long-running rally or has fallen prey to an irrational buying frenzy.

The other Dow record: Dividends
The Dow has been marching to new all-time highs for a week, and dividends for these bluest of blue chips are hot on the heels of a new record too.

Samsung targets BlackBerry with Knox
Having already stolen the consumer crown from Apple’s iPhone, Samsung is looking to supplant BlackBerry in the business world.



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