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Press release content from Business Wire. The AP news staff was not involved in its creation. Renesas Announces Consolidated Forecasts and Forecasts of Cash Dividends April 28, 2021 GMT TOKYO (BUSINESS WIRE) Apr 28, 2021 Renesas Electronics Corporation (TSE: 6723), a premier supplier of advanced semiconductor solutions, today announced the consolidated financial forecasts for the six months ending June 30, 2021 and forecasts of cash dividends. The Group reports its consolidated forecasts on a quarterly basis as a range because of the difficulty of forecasting full-year results with high accuracy due to the short-term volatility of the semiconductor market. Additionally, in order to provide useful information to better understand the Group’s constant business results, figures such as revenue and gross margin are presented in the non-GAAP format, which excludes or adjusts the non-recurring items related to acquisitions and other adjustments including non-r ....
Renesas Electronics Reports Financial Results for the First Quarter Ended March 31, 2021 streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
3 hours ago SiFive to License Industry-Leading RISC-V Core IP Portfolio to Renesas TOKYO & SAN MATEO, Calif.–(BUSINESS WIRE)–#Renesas–Renesas Electronics Corporation (TSE:6723), a premier supplier of advanced semiconductor solutions, and SiFive, Inc., the industry leader in RISC-V processors and silicon solutions, today announced a strategic partnership to jointly develop next-generation, high-end RISC-V solutions for automotive applications. The partnership will also include SiFive licensing the use of their RISC-V core IP portfolio to Renesas. “RISC-V is an important element in providing additional capabilities and options for new and existing customers,” said Takeshi Kataoka, Senior Vice President, General Manager of Automotive Solution Business Unit at Renesas. “We are very excited to work with SiFive as their lead partner to develop next-generation semiconductor solutions through the collaboration of our accumulated exp ....
4 days ago TOKYO–(BUSINESS WIRE)–Renesas Electronics Corporation (TSE:6723), a premier supplier of advanced semiconductor solutions, today confirmed the emission of smoke at 16:29 JST from the power panel of a Rail Guided Vehicle (RGV) located on the basement of the N3 Building (300mm line) of Naka Factory. The smoke was extinguished immediately by Renesas employees after it began. Following the confirmation of the site by the fire department and maintenance of the power panel, which was the cause of the smoke, production has been resumed as of 20:00 JST on the first floor and the second floor of the N3 Building. There are no impacts to the production and shipment outlook announced in “UPDATE 6 – Notice Regarding the Semiconductor Manufacturing Factory (Naka Factory) Fire”. We also confirmed no casualties from this incident. ....
1 week ago TOKYO–(BUSINESS WIRE)–Renesas Electronics Corporation (TSE:6723), a premier supplier of advanced semiconductor solutions, today held a third press conference regarding the occurrence of a fire on March 19, 2021 at part of the processes in the N3 Building (300mm line) of Naka Factory (located in Hitachinaka, Ibaraki Prefecture) of Renesas Semiconductor Manufacturing Co., Ltd, a wholly-owned manufacturing subsidiary of Renesas. The press conference covered the latest outlook on production and shipment. The contents of the press conference are summarized below. Once again, we would like to give our sincerest apologies to neighboring residents, partner companies, relevant authorities and all those involved for the trouble. ....