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    6723   JP3164720009

RENESAS ELECTRONICS CORPORATION

(6723)
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Renesas Electronics : ' Innovative Automotive Chips Drive Next-Generation Multimedia System for Toyota Lexus

10/26/2021 | 02:01am EST

Renesas R-Car SoCs Contribute to Enhanced User Experience

Renesas Electronics Corporation (TSE: 6723), a premier supplier of advanced semiconductor solutions, today announced that its R-Car H3 and R-Car M3 system-on-chips (SoCs) have been adopted by Toyota Motor Corporation (“Toyota”) for their next-generation multimedia systems. The Renesas R-Car H3 and R-Car M3 SoCs are designed for in-vehicle infotainment (IVI) applications that deliver images, audio, and a variety of information from both in-vehicle and external sources to the driver in a safe and convenient manner. Toyota’s next-generation multimedia system will make its first appearance in the Lexus NX, scheduled for release in November 2021 and later. These systems are planned to be installed in other Lexus- and Toyota-branded vehicles.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211025005878/en/

Renesas' Automotive Chips Drive Next-Generation Multimedia System for Toyota Lexus (Graphic: Business Wire)

Renesas' Automotive Chips Drive Next-Generation Multimedia System for Toyota Lexus (Graphic: Business Wire)

Toyota’s next-generation multimedia system incorporates a large-format, high-resolution, maximum 14-inch, wide touch display. The display area can be flexibly divided into sections and zoomed in and out, providing an outstanding combination of advanced functionality and convenience. The system features voice recognition functions, such as quick startup in response to voice commands, an automotive sound system, and an over-the-air (OTA) software update function.

Within these functions, Renesas’ R-Car SoCs provide the ability to smoothly import map information, images, and video input from users’ preferred devices, including smartphones, and connected applications to the large display. They also enable functions such as display touch controls, voice recognition via the microphone input, and audio output to multiple speakers. In addition, the R-Car SoCs’ sophisticated built-in security functions enable secure OTA software updates and provide advanced connected services powered by the SoCs’ outstanding computing performance.

As multimedia system functions vary based on the vehicle model, Toyota has implemented the R-Car H3 in systems for high-end models equipped with full functionality, and the mid-range R-Car M3 in other vehicle models. The R-Car Family provides excellent software compatibility across the product line, contributing to more efficient development when extending systems to a wide range of vehicle models. In addition, Renesas’ broad array of R-Car ecosystem partners offered support for its development.

“In order to meet users’ diversified needs in the CASE era, a new multimedia system was developed,” said Masato Kobayashi, Director of Connected System Development Division at Toyota Motor Corporation. “Two of our biggest challenges in realizing the leading-edge system was the efficient development while securing the necessary performance and making complex automotive software. Renesas’ R-Car SoCs are designed specifically for automotive applications, providing excellent performance and reliability, backed by a robust ecosystem – a combination that enabled us to create innovative multimedia systems.”

“I am delighted that Renesas’ R-Car SoCs are part of Toyota’s next-generation multimedia system, and that Lexus vehicles equipped with this functionality are coming to the market,” said Takeshi Kataoka, Senior Vice President and General Manager of the Automotive Solution Business Unit at Renesas Electronics Corporation. “I am excited that next-generation cockpit systems offering an intuitive user experience will be available in a wide range of car models moving forward, and that vehicles offering an enhanced user experience with security and convenience will become available worldwide.”

About Renesas Electronics Corporation

Renesas Electronics Corporation (TSE: 6723) delivers trusted embedded design innovation with complete semiconductor solutions that enable billions of connected, intelligent devices to enhance the way people work and live. A global leader in microcontrollers, analog, power, and SoC products, Renesas provides comprehensive solutions for a broad range of automotive, industrial, infrastructure, and IoT applications that help shape a limitless future. Learn more at renesas.com. Follow us on LinkedIn, Facebook, Twitter, YouTube, and Instagram.

(Remarks). All names of products or services mentioned in this press release are trademarks or registered trademarks of their respective owners.


ę Business Wire 2021
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Sales 2021 953 B 8 378 M 8 378 M
Net income 2021 126 B 1 104 M 1 104 M
Net Debt 2021 635 B 5 581 M 5 581 M
P/E ratio 2021 22,6x
Yield 2021 -
Capitalization 2 908 B 25 545 M 25 565 M
EV / Sales 2021 3,72x
EV / Sales 2022 2,92x
Nbr of Employees 20 814
Free-Float 61,8%
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Number of Analysts 14
Last Close Price 1 498,00 JPY
Average target price 2 031,43 JPY
Spread / Average Target 35,6%
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Managers and Directors
Hidetoshi Shibata Chairman, President & Chief Executive Officer
Shuhei Shinkai Chief Finance Officer & Executive Officer
Shinichi Yoshioka Chief Technology Officer & Executive Officer
Tetsuro Toyoda Independent Non-Executive Outside Director
Jiro Iwasaki Independent Non-Executive Outside Director
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