Transitron Electronic Corporation

Renesas Announces Completion of INCJ’s Sale of Renesas Shares

Retrieved on: 
Tuesday, November 14, 2023

Renesas Electronics Corporation (TSE: 6723, “Renesas”), a premier supplier of advanced semiconductor solutions, today announced that all of its shares owned by INCJ, Ltd. (“INCJ”) have been sold by INCJ (“the sale,” excluding fractional shares1).

Key Points: 
  • Renesas Electronics Corporation (TSE: 6723, “Renesas”), a premier supplier of advanced semiconductor solutions, today announced that all of its shares owned by INCJ, Ltd. (“INCJ”) have been sold by INCJ (“the sale,” excluding fractional shares1).
  • This indicates a successful exit by the Japanese state-backed fund from its investment in Renesas that supported Renesas’ transformation to profitability.
  • “10 years have passed since we invested in Renesas to support its growth in the rapidly changing semiconductor industry.
  • (Note 2) Ratio of the number of shares held to 1,769,599,472 shares, which is calculated by deducting the 188,854,551 shares of treasury stock held by Renesas as of November 13, 2023 from 1,958,454,023 shares, which is the total number of issued shares of common stock as of the same day.

Renesas and Wolfspeed Sign 10 Year Silicon Carbide Wafer Supply Agreement

Retrieved on: 
Wednesday, July 5, 2023

Renesas Electronics Corporation (TSE:6723, “Renesas”), a premier supplier of advanced semiconductor solutions, and Wolfspeed, Inc. (NYSE: WOLF, “Wolfspeed”), the global leader in silicon carbide technology, today announced the execution of a wafer supply agreement and $2 billion (USD) deposit by Renesas to secure a 10 year supply commitment of silicon carbide bare and epitaxial wafers from Wolfspeed.

Key Points: 
  • Renesas Electronics Corporation (TSE:6723, “Renesas”), a premier supplier of advanced semiconductor solutions, and Wolfspeed, Inc. (NYSE: WOLF, “Wolfspeed”), the global leader in silicon carbide technology, today announced the execution of a wafer supply agreement and $2 billion (USD) deposit by Renesas to secure a 10 year supply commitment of silicon carbide bare and epitaxial wafers from Wolfspeed.
  • The supply of high-quality silicon carbide wafers from Wolfspeed will pave the way for Renesas to scale production of silicon carbide power semiconductors starting in 2025.
  • The agreement also anticipates supplying Renesas with 200mm silicon carbide bare and epitaxial wafers after the recently announced John Palmour Manufacturing Center for Silicon Carbide (the “JP”) is fully operational.
  • “The wafer supply agreement with Wolfspeed will provide Renesas with a stable, long-term supply base of high-quality silicon carbide wafers.

Renesas Announces New Sales Organizational Structure and Executive Personnel Changes to Drive Next Phase of Growth

Retrieved on: 
Tuesday, November 8, 2022

The changes are designed to bolster Renesas leadership in embedded semiconductor solutions and serve as a solid foundation for future growth.

Key Points: 
  • The changes are designed to bolster Renesas leadership in embedded semiconductor solutions and serve as a solid foundation for future growth.
  • It also allows Renesas to capitalize on the scale advantages by fostering cross selling opportunities and broader customer coverage.
  • Since joining Renesas from IDT in 2019, Chris has been instrumental in accelerating revenue growth of Renesas IoT and Infrastructure business.
  • In conjunction with the establishment of the new Global Sales & Marketing Unit, Chris responsibilities will encompass Renesas entire global sales team leadership.

Renesas and eProsima Simplify Development Of Professional Robotics Applications On RA MCUs With micro-ROS Development Framework

Retrieved on: 
Thursday, September 2, 2021

Renesas teamed with eProsima, the main developer of the micro-ROS framework, to port micro-ROS into the RA MCUs, easing development of professional robotics applications for IoT and industrial systems.

Key Points: 
  • Renesas teamed with eProsima, the main developer of the micro-ROS framework, to port micro-ROS into the RA MCUs, easing development of professional robotics applications for IoT and industrial systems.
  • View the full release here: https://www.businesswire.com/news/home/20210902005288/en/
    micro-ROS Framework for RA MCUs Simplifies Robotics Design (Graphic: Business Wire)
    The micro-ROS framework allows a standardized integration of MCUs into the Robot Operating System (ROS) 2 data space.
  • It provides an established application development framework based on standard communication middleware to the embedded world.
  • Porting micro-ROS into the Renesas RA MCUs facilitates the adoption of this robotic framework in Industry 4.0 and Industrial IoT applications.