Renesas Electronics

Renesas Technology, the consolidated entity of the semiconductor businesses of Hitachi and Mitsubishi, excluding their dynamic random-access memory businesses [4], was first established in 2002 as Renesas Electronics Corporation, a Japanese semiconductor manufacturer with headquarters in Tokyo, Japan. NEC Electronics merged with this entity in 2010, leading to a slight change in the company name and logo to what they are now.

Renesas was one of the six biggest semiconductor firms in the world from the 2000s to the early 2010s. As of 2022, it was the top provider of microcontrollers and the third-largest automotive semiconductor firm in the world. The company is also active in the markets for memory products, SoCs, and analog and mixed-signal integrated circuits.

Renesas Electronics' market cap as of March 2023 is $24.95 billion. Renesas Electronics is now the 685th most valuable business in the world, according to market cap. The most recent financial reports from Renesas Electronics state that the company's current revenue (TTM) is $11.01 billion. The corporation generated $8.85 billion in revenue in 2021, an increase above the $6.75 billion it generated in revenue in 2020.

Founded: November 1, 2002
Headquarters: Tokyo, Japan
Website: www.renesas.com