TRW Unit, Hitachi in Joint Chip Venture

TRW Inc.’s Velocium division and Hitachi Ltd. will jointly design and market a new, more efficient semiconductor chip for use in hand-held wireless devices, the companies said.

Hitachi will market chip modules to manufacturers of third-generation wireless devices equipped with Internet access. Manhattan Beach-based Velocium will design and manufacture the chips, which TRW said already have been used for military and aerospace projects.