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Telefunken to Invest in Roseville
TELEFUNKEN Semiconductors International LLC, a company that includes TELEFUNKEN Semiconductors GmbH, completed the purchase of the Renesas Electronics plant (formerly NEC Electronics) on May 2, 2011. The plant is located on Foothills Blvd. just north of Pleasant Grove Blvd. Telefunken plans to invest up to $80 million to triple the capacity of the plant over the next three years. The plant currently employs 620, and Telefunken will be retaining all 620 jobs.
Telefunken intends to utilize the 200-millimeter (eight-inch) line at the Roseville factory to manufacture its own analog/mixed-signal, HV products and products for its strategic foundry partners. The company also will enter into a supply agreement with Renesas Electronics for manufacturing services at the Roseville factory. Under this agreement, it will focus on Renesas Electronics’ current customers without interruption. Telefunken is Roseville’s ninth largest employer.