Renesas secures $633 million support from major shareholders

TOKYO (Reuters) - Japanese chipmaker Renesas Electronics Corp on Tuesday secured a combined 49.5 billion yen ($633 million) in financial support from three major shareholders as it fights to survive against tough overseas rivals, sending its shares up 16 percent.

Source: http://feeds.reuters.com/~r/reuters/technologyNews/~3/1Qtz-A1nJTU/us-mitsubishi-renesas-loan-idUSBRE86U07H20120731

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