Renesas Electronics

Categories

Industrial Manufacturing  
Technology  
Summary

Renesas Electronics is a semiconductor manufacturer that provides advanced semiconductor solutions, including microcontrollers, SoC solutions, and a broad range of analogue and power devices, as well as LCD modules. 

It provides solutions for several industries such as automotive, energy, medical and healthcare, PC and PC peripherals, connectivity, human interface, mobile, power supply, RF front end, motor control, and more. The company’s portfolio of products includes microcontrollers and microprocessors, power devices, RF devices, analogue ICs, analogue and mixed-signal devices, optoelectronics, LSI for automotive and factory automation, memory products, ASIC, USB ASSP, and system LSI. 

Development tools are also available under the categories: starter kits and platforms, OS, middleware and drivers, IDEs and project managers, coding tools, emulation and debugging flash and PROM programming, and boards and kits. Renesas Electronics was established in April 2010 with the integration of NEC Electronics Corporation and Renesas Technology Corporation. It is headquartered in Tokyo, Japan.


History

2002: The company was founded on November 1, 2002, and is headquartered in Kawasaki, Japan. Hitachi reached an agreement with IBM on a new joint hard disk drive (HDD) company, Hitachi Global Storage Technologies, to operate in San Jose, California, USA. Renesas Electronics was originally known as Renesas Technology when the company was established.

2003: Renesas Technology became official in April, as the non-DRAM joint venture of Hitachi and Mitsubishi.

2010: A basic agreement to merge was reached by April and materialized on the first day, forming the fourth-largest semiconductor company by revenue according to an estimation from iSuppli. In December, Renesas Mobile Corporation (RMC) was created by integrating the Mobile Multimedia Business Unit of Renesas with the acquired Nokia Wireless Modem Business Unit.

2012: For the year-end March 31st, Renesas Electronics lost 62.6 billion yen. In December, INCJ, a Japanese public-private fund, and several key clients decided to invest in the company. The company decided to restructure its business, including the sale and consolidation of its Japanese domestic plants, to get profitable. The DRAM businesses of the three had become part of Elpida Memory, which went bankrupt this year before being acquired by Micron Technology.

2013: In June, Renesas announced that it will close its subsidiary RenesasMobile. Renesas announced its new business direction and issued its corporate presentation titled "Reforming Renesas” in October.

2014: In July, the subsidiary Renesas Mobile Communication was consolidated, after the company had decided to withdraw from the 4G wireless business. In September, the sale of the display driver IC unit of Renesas to Synaptics was completed. The company recorded its first-ever profit and started operating as “Renesas Electronics Corporation”.

2016: In September, Renesas announced that it would acquire Intersil for $3.2 billion.

2017: In February, Renesas completed the acquisition. In April, Renesas unveiled a self-driving concept car at a global developer conference, stating that it will start delivering a new line of products for self-driving cars in December, as it takes on global giants such as Intel.

2018: In September, Renesas announced that it has agreed to buy Integrated Device Technology for $6.7 billion.

2019: The acquisition was completed in March.

2020: Renesas announced its plans to wind down its production of diodes and compound devices.

2021: In February, Renesas announced that it has agreed to buy Dialog Semiconductor for $5.9 billion. In March, a fire at a factory owned by a subsidiary of Renesas caused significant damage to equipment. The acquisition was completed in September.


Mission

“Our mission is to develop a safer, healthier, greener, and smarter world by providing intelligence to our four focus growth segments: Automotive, Industrial, Infrastructure, and IoT that are all vital to our daily lives, meaning our products and solutions are embedded everywhere.”


Vision

“Renesas creates leading solutions that spark innovation for a connected world, building a trusted brand we can be proud of.”


Key Team

Selena Loh LaCroix (Committee Chairman)

Jason D. Hall (Senior Vice President and CLO)

Tetsuro Toyoda (Board Member)

Jiro Iwasaki (Committee Chairman)

Masahiko Nozaki (Executive Vice President, General Manager of Production & Technology Unit)

Minobu Yazawa (Chief Engineer)

Noboru Yamamoto (Board Member)

Nobuyuki Yoshioka (Chief Engineer)

Roger Wendelken (Senior Vice President, Head of MCU Business)

Tokyo-based Hidetoshi Shibata (Chief Executive Officer)

Jiro Iwasaki (Committee Chairman)

Noboru Yamamoto (Board Member)


References
Renesas Electronics
Leadership team

Chris Allexandre (Senior Vice President, Head of Sales and Corporate Digital Marketing)

Hiroto Nitta (Senior Vice President, Head of Soc Business)

Industries

Industrial Manufacturing

Technology

Products/ Services
Semiconductors, microcontrollers and microprocessors, power devices, Radio frequency devices, analogue ICs, analogue mixed-signal devices, optoelectronics, LSI for automotive, factory automation, memory products, ASIC, USB ASSP, and system LSI.
Number of Employees
1,000 - 20,000
Headquarters
Koto, Tokyo, Japan
Established
2002
Company Type
Public Limited Company
Company Registration
SEC CIK number: 0001490084
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
TYO:6723
Social Media

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Sat Feb 24 2024
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