Renesas Electronics
6723.TVerifiedRenesas Electronics Corporation is a Japanese semiconductor manufacturer headquartered in Tokyo. The name 'Renesas' is a contraction of 'Renaissance Semiconductor for Advanced Solutions.' It was established in 2002 as Renesas Technology through the merger of the semiconductor divisions of Hitachi and Mitsubishi Electric, excluding DRAM businesses. In 2010, Renesas Technology merged with NEC Electronics to form the current company. As of 2023, Renesas ranked 16th globally in semiconductor sales and second in Japan. In 2024, it ranked second in the automotive microcontroller market behind Infineon Technologies and third in the overall MCU market behind NXP Semiconductors and Infineon.