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    6723   JP3164720009

RENESAS ELECTRONICS CORPORATION

(6723)
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Delayed Japan Exchange  -  05/20 01:32:06 am EDT
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Renesas Ships 1 Billionth Device From RX Family of 32-bit Microcontrollers

01/28/2022 | 10:30am EDT

TOKYO, Japan - Renesas Electronics Corporation (TSE:6723), a premier supplier of advanced semiconductor solutions, today announced that it has delivered more than one billion microcontrollers from the RX Family of 32-bit MCUs, which incorporate Renesas' proprietary RX CPU core. Since its launch in 2009, the RX Family has expanded to include general-purpose, motor control, touch sensing, and industrial Ethernet applications, and has been adopted in a wide range of consumer, industrial, and IoT applications. In the home air conditioner compressor market, for example, RX MCUs' outstanding inverter control has led to adoption by more than 70% of major manufacturers around the world.

"As the world's leading MCU supplier, we are pleased and proud to work with outstanding customers around the world to achieve this significant milestone," said Roger Wendelken, Senior Vice President in Renesas' IoT and Infrastructure Business Unit. "RX MCUs with Renesas' proprietary cores have established a strong position in applications that require power efficiency and true real-time performance."

RX MCUs deliver high CPU performance due to their sophisticated architecture for embedded systems. Currently, four series of RX MCUs are available (RX100, RX200, RX600, and the high-end RX700) offering a wide range of performance, on-board memory, and a variety of peripheral functions and packages. Following the introduction of the latest RXv3 core in 2018, Renesas is also working on the development of the next core with the aim of surpassing the performance of the RXv3 core.

In order to ease implementation of RX MCUs, Renesas offers a smart configurator and code generator in response to the growing need for low and no code to reduce the development burden of embedded systems. Renesas continually works to expand the development environment to improve user experience (UX), shorten development time, and reduce development cost.

RX MCUs are key products in Winning Combinations that combine numerous products within the Renesas portfolio that work together seamlessly. Examples of Winning Combinations featuring the RX devices include the AC Drives/GP Inverters Solution and High-Voltage Motor Driver Solution. In 2021, during COVID-19, Renesas provided a ventilator solution Winning Combination that contributed to saving lives. Furthermore, with the desire to minimize physical contact from a hygiene standpoint, there are a growing number of applications in non-contact applications, such as "touch-free user interface reference design," which utilize robust and reliable capacitive touch sensing technology. More Winning Combinations are available at renesas.com/win.

As a result of their performance advantages in a wide range of applications, RX MCUs are expected to achieve a record high growth of more than 30% in 2021, with sales exceeding 35 billion yen. Renesas has announced that it will step up investment in production capacity. In 2022, by combining internal production with outside foundries, Renesas will establish a more flexible production system that will support expected growth in the RX MCU family of more than 30% over 2021.

Renesas will further strengthen its connectivity and robust security technologies for cloud connectivity for the future of smart IoT applications of consumer and industrial applications. Going forward, Renesas will continue to expand the RX Family, as well as the Arm® based RA Family of 32-bit MCUs, to create a rich ecosystem and broaden the range of choices for customers. Renesas wants to build a sustainable future where technology helps make our lives easier through the provision of MCUs and other semiconductor solutions. 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). Arm is trademarks or registered trademarks of Arm Limited in the EU and other countries. All names of products or services mentioned in this press release are trademarks or registered trademarks of their respective owners.

The content in the press release, including, but not limited to, product prices and specifications, is based on the information as of the date indicated on the document, but may be subject to change without prior notice.

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(C) 2022 M2 COMMUNICATIONS, source M2 PressWIRE

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Financials
Sales 2022 1 428 B 11 216 M 11 216 M
Net income 2022 249 B 1 954 M 1 954 M
Net Debt 2022 455 B 3 577 M 3 577 M
P/E ratio 2022 11,0x
Yield 2022 -
Capitalization 2 788 B 21 891 M 21 891 M
EV / Sales 2022 2,27x
EV / Sales 2023 2,17x
Nbr of Employees 20 814
Free-Float 62,0%
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Last Close Price 1 431,00 JPY
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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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