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    6723   JP3164720009

RENESAS ELECTRONICS CORPORATION

(6723)
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Renesas Electronics : New “Renesas Ready Partner Network” Delivers Commercial-Grade, Performance-Optimized Building Blocks For RA, RX and RL78 MCU Lines With A Powerful Community of Trusted Technology Partners

10/20/2021 | 08:04am EST

Program Offers Software Building Blocks from More Than 100 Trusted Partners; Solutions Work Out-of-the-Box, Accelerating Time-to-Market

Renesas Electronics Corporation (TSE:6723), a premier supplier of advanced semiconductor solutions, today rolled out a global network of technology partners that deliver commercial grade building blocks across its broad range of MCU lines. The “Renesas Ready Partner Network” delivers a broad range of building-block solutions that address important technologies critical to next generation IoT design, including artificial intelligence and machine learning, safety and security, connectivity and cloud, human machine interface, sensing and control, tools and user experience, and emerging or application-specific technologies.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211020005222/en/

Robust Software Ecosystem of Building Blocks to Speed Development (Graphic: Business Wire)

Robust Software Ecosystem of Building Blocks to Speed Development (Graphic: Business Wire)

The Renesas Ready Partner Network provides easy access to a broad range of solutions with immersive technical content. Every solution includes a “Solution Brief” that outlines the benefits of the third-party product combined with a Renesas product. Customers can also access numerous videos, webinars, and technical documentation through the web site.

“The Renesas Ready Partner Network makes it simple to adopt and implement core-technology building blocks in complex IoT applications with a choice of Renesas products,” said Kaushal Vora, Director of Strategic Partnerships & Global Ecosystem in IoT and Infrastructure Business Unit. “We now offer over 100 solutions that ease and accelerate the design process, and we are continually adding more strategic technologies that combine with Renesas base products to provide a unique, complementary and differentiated value proposition.”

In order for a third-party to qualify for the Renesas Ready Partner Network, their solution(s) must be shown to work out of the box with one or more of the Renesas product lines. Within the Renesas Ready Partner Network, individual third-party solutions will earn RA Ready, RX Ready, or RL78 Ready badges based on the MCU line(s) they complement.

“The Renesas Ready Partner Network gives our customers a common environment and methodology for accessing third-party solutions across our different MCU lines,” said Roger Wendelken, Senior Vice President in Renesas’ IoT and Infrastructure Business Unit. “We’re confident that this program, in combination with the complementary hardware-focused Renesas Preferred Partner Program, will deliver complete hardware-software solutions to our customers.”

Availability

The Renesas Ready Partner Network web site is available today featuring partners grouped by MCU ecosystems. Within each MCU ecosystem, solutions are organized by key technology focus. Users can access the site at renesas.com/Renesas-Ready. More information is also available in the Renesas Ready Partner Network blog post.

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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Financials
Sales 2021 953 B 8 450 M 8 450 M
Net income 2021 126 B 1 116 M 1 116 M
Net Debt 2021 614 B 5 441 M 5 441 M
P/E ratio 2021 21,0x
Yield 2021 -
Capitalization 2 712 B 23 982 M 24 045 M
EV / Sales 2021 3,49x
EV / Sales 2022 2,75x
Nbr of Employees 20 814
Free-Float 61,8%
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Mean consensus BUY
Number of Analysts 14
Last Close Price 1 397,00 JPY
Average target price 1 902,14 JPY
Spread / Average Target 36,2%
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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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