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05.02.26 - 07:12
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Renesas to Sell Timing Device Biz (Nippon)
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Tokyo, Feb. 5 (Jiji Press)--Renesas Electronics Corp. said Thursday that it will sell its timing device business for 3 billion dollars to focus on its chipmaking operations. The Japanese company plans to sell the timing device business to SiTime Corp., a U.S. electromechanical device maker, by the end of the year. Renesas is considering procuring timing devices, which produce signals that......
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05.02.26 - 01:33
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Notice Concerning the Difference between Renesas′ Financial Results for the Year Ended December 31, 2025, and Results in the Previous Period (Business Wire)
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TOKYO--(BUSINESS WIRE)--#Renesas--Renesas Electronics Corporation (TSE: 6723, “Renesas”), a premier supplier of advanced semiconductor solutions, today announced the difference between its consolidated financial results for the year ended December 31, 2025 (January 1, 2025 to December 31, 2025), which it disclosed on February 5, 2026, and the financial results in the previous period (January 1, 2024 to December 31, 2024).
The forecasts for the above period are not based on IFRS. Therefore, the differences are shown as actual figures.
1. Difference between consolidated financial results for the year ended December 31, 2025, and the year ended December 31, 2024
In millions of yen
Revenue
Operating
Profit
Profit
Before Tax
Profit
Profit Attributable to Owners of Parent
Year ended
December 31, 2024
1,348,479
222,977
263,833
219,422
219,084
Year ended
December 31, 2025
1,321,212
201,166
-30,275
-51,658
-51,763
Difference
-27,267
-21,811
-294,108
-271,080
-270,847
Difference (%)
-2.0%
-9.8%
―
―
―
2...
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05.02.26 - 01:33
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Renesas Reports Financial Results for the Year Ended December 31, 2025 (Business Wire)
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TOKYO--(BUSINESS WIRE)--#Renesas--Renesas Electronics Corporation (TSE:6723) today announced consolidated financial results in accordance with IFRS for the year ended December 31, 2025.
Summary of Consolidated Financial Results (Note 1)
Summary of Consolidated Financial Results (Non-GAAP basis) (Note 2)
Three months ended
December 31, 2025
The year ended
December 31, 2025
Billion yen
% of revenue
Billion yen
% of revenue
Revenue
350.9
100.0
1,318.5
100.0
Gross profit
207.9
59.3
759.9
57.6
Operating profit
108.0
30.8
386.9
29.3
Profit attributable to owners of parent
90.0
25.7
329.3
25.0
EBITDA (Note 3)
127.8
36.4
464.1
35.2
Summary of Consolidated Financial Results (IFRS basis)
Three months ended
December 31, 2025
The year ended
December 31, 2025
Billion yen
% of revenue
Billion yen
% of revenue
Revenue
351.5
100.0
1,321.2
100.0
Gross profit
207.3
59.0
753.8
57.1
Operating profit
67.2
19.1
201.2
15.2
Profit (Loss) attributable to owners of parent
17.3
4.9
(51.8)
(3.9)
EBITDA (Note 3)
113.0
32....
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05.02.26 - 01:06
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Renesas reportedly to sell timing unit to SiTime in US$3 billion deal (Digitimes)
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According to Bloomberg and Nikkei, citing respective sources, Renesas Electronics is set to divest its clocks and timing device business to US chip design company SiTime for around US$3 billion, in a move aimed at sharpening its focus on microcontrollers for automotive and industrial applications. The potential sale comes amid slowing demand for automotive semiconductors and rising interest in high-speed data center components....
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04.02.26 - 22:15
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SiTime to Acquire Renesas′ Timing Business (Business Wire)
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Acquired Business Expected to Generate $300 Million in Revenue in 12 Months Post-Close, with 70% Gross Margin
High-Growth AI Datacenter-Comms Represents ~75% of Acquired Revenue
Accelerates SiTime's Path to $1 Billion of Revenue as the Premier Pure-Play Precision Timing Company
Signed Partnership MOU to Explore SiTime's MEMS Resonator Integration in Renesas' Embedded Computing
SiTime Conference Call Today at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)
SANTA CLARA, Calif. & TOKYO--(BUSINESS WIRE)--#Renesas--SiTime Corporation (Nasdaq: SITM) (“SiTime” or the “Company”), the Precision Timing company, and Renesas Electronics Corporation (TSE: 6723) (“Renesas”), a premier supplier of advanced semiconductors, today announced that SiTime and Renesas' consolidated subsidiary, Renesas Electronics America Inc., have signed a definitive agreement whereby SiTime will acquire certain assets related to Renesas' timing business. The acquisition accelerates SiTime's path to $1 billion of revenue as ...
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04.02.26 - 03:06
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SiTime Confirms Discussions with Renesas Regarding Potential Acquisition of Renesas′ Timing Business (Business Wire)
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SANTA CLARA, Calif.--(BUSINESS WIRE)--SiTime Corporation (NASDAQ: SITM), the Precision Timing company, today confirmed that it is in discussions with Renesas Electronics Corporation (“Renesas”) regarding a potential acquisition of Renesas' timing business.
No agreement has been reached, and there can be no assurance that any transaction will result from these discussions or on what terms any transaction may occur.
The Company does not intend to make further comments with respect to the discussions unless and until required to do so.
About SiTime
SiTime Corporation is the Precision Timing company. Our semiconductor MEMS programmable solutions offer a rich feature set that enables customers to differentiate their products with higher performance, smaller size, lower power, and better reliability. With more than 4 billion devices shipped, SiTime is changing the timing industry. For more information, visit www.sitime.com.
Forward Looking Statements
This press release contains forward-looking statements w...
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30.01.26 - 14:03
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Wolfspeed Announces CFIUS Clearance and Completion of Equity Issuance to Renesas as Part of Court-Approved Restructuring (Business Wire)
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Final 2.0% Equity Recovery Shares to be Released to Pre-Petition Shareholders Following Regulatory Clearance
Renesas Executive to Join Wolfspeed Board of Directors as Part of Restructuring AgreementDURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc., a global leader in silicon carbide technology and production (the “Company” or “Wolfspeed”), today announced that the Committee on Foreign Investment in the United States (“CFIUS”) has formally cleared the Company's issuance of equity to Renesas Electronics America Inc. (“Renesas”), completing a key component of Wolfspeed's previously announced restructuring agreement with its lender group in support of its Chapter 11 process.
“CFIUS clearance represents the final milestone in the execution of our prepackaged restructuring,” said Wolfspeed CEO, Robert Feurle. “With this phase behind us, Wolfspeed is fully focused on broadening and diversifying our customer base, expanding our leadership in SiC power devices, and scaling with discipline acro...
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21.01.26 - 08:00
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Research: Bernstein Lists Top Picks in Asia-Pacific for 1H26 (Table) (AAStocks)
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CNOOC (00883.HK)JD.com (JD.US) (09618.HK)SK hynix (000660.KS)Samsung Electronics (005930.KS)Tokyo Electron (8035.JP)Kokusai (6525.JP)Renesas (6723.JP)Power Finance (POWF.IN)Record plc (RECL.IN)Daiichi Sankyo (4568.JP)Eisai Co (4523.JP)Rio Tinto (RIO.AU)Piotech (688072.SH)MediaTek (2454.TW)Tianqi Lithium (002466.SZ) (09696.HK)Doo......
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