Renesas Electronics Corporation
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Native name
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ルネサス エレクトロニクス株式会社 |
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| Public (KK) | |
| Traded as | : |
| Industry | Semiconductor |
| Predecessor | NEC Electronics Corporation, Renesas Technology Corporation |
| Founded | November 1, 2002 (Started operation on April 1, 2010) |
| Headquarters | Tokyo, Japan |
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Key people
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Bunsei Kure (Representative Director, President and CEO) Tetsuya Tsurumaru (Representative Director and Chairman) |
| Products | Microcontrollers, Power MOSFETs, mixed-signal ICs, IGBT, Diodes, small signal transistors, display driver ICs, compound semiconductors, ASIC, ASSP |
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Number of employees
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18,900 (Consolidated) |
| Website | www |
Renesas Electronics Corporation (ルネサス エレクトロニクス株式会社 Runesasu Erekutoronikusu Kabushiki Gaisha?) : is a Japanese semiconductor manufacturer headquartered in Tokyo. It has manufacturing, design and sales operations in around 20 countries. It was the world's largest auto semiconductor maker in 2014, and the world's largest maker of microcontrollers. It also makes mixed-signal integrated circuits and system on a chip semiconductors.
"Renesas" is an invented name and a contraction of Renaissance Semiconductor for Advanced Solutions.
Renesas Electronics started operation in April 2010, through the integration of NEC Electronics Corporation and Renesas Technology Corporation. NEC Electronics was established in November 2002 by a spin-off of the semiconductor operations of NEC. Renesas Technology was established on April 1, 2003, as a joint venture of Hitachi, Ltd. (55%) and Mitsubishi Electric (45%).
In April 2009, Renesas Technology and NEC Electronics reached a basic agreement to merge by around April 2010. On April 1, 2010 NEC Electronics and Renesas Technology merged, forming Renesas Electronics which became the fourth largest semiconductor company according to iSuppli published data.
In December 2010 Renesas Mobile Corporation (RMC) was created by integrating the Mobile Multimedia Business Unit of Renesas with the acquired Nokia Wireless Modem Business Unit.
In 2011, Renesas Electronics was adversely affected by the 2011 Tōhoku earthquake and tsunami and flooding in Thailand. In 2012, the company decided to restructure its business, including the sale and consolidation of its Japanese domestic plants, to get profitable. In December 2012, INCJ, Japan’s government-backed fund, and several key clients decided to invest in the company. Through the investment, Renesas aimed to secure 150 billion yen as fresh capital by September 2013 and use it for realizing the Smart Society through investment in the microcontroller and Analog & Power semiconductor development, plant improvements, automotive and industrial semiconductor solutions and corporate acquisitions.
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