UPDATE 1-NEC Electronics, Renesas in talks to merge -sources

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Published: 15 Apr 2009 17:49:35 PST TOKYO, April 16 - Japanese chipmakers NEC Electronics Corp and Renesas Technology Corp are in the final stage of talks on merging their operations, sources said on Thursday, in a bid to pool resources and survive as sales slump amid the global economic turmoil. The two firms are eyeing a merger in early 2010, said two sources briefed on the matter who declined to be named as the information is not public yet. The move would create the world’s
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