CG Power expands into semiconductor design with $36m Renesas acquisition

CG Power expands into semiconductor design with $36m Renesas acquisition

In a significant strategic move, CG Power and Industrial Solutions Limited, a leader in electrical engineering, has announced the acquisition of the Radio Frequency (RF) components business from Renesas Electronics America Inc. The acquisition, valued at $36 million, is part of CG Power’s foray into the rapidly growing and highly profitable semiconductor design sector. The […]