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06.10.26 - 02:24
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LB Semicon expands power chip capacity as Qualcomm production ramps up (Digitimes)
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South Korean outsourced semiconductor assembly and test (OSAT) provider LB Semicon is expanding power semiconductor backend capacity at its Gumi plant as it steps up efforts to reduce its reliance on display driver integrated circuits (DDIs) and a highly concentrated customer base, backed by new business from Qualcomm and Renesas and KRW30 billion (approx. US$22.3 million) in planned equipment investment....
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28.08.26 - 04:06
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Renesas opens physical AI and robotics lab in Beijing (Digitimes)
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Renesas Electronics has opened a physical AI and robotics lab in Beijing, a move that could speed the development of safer, smarter machines for factories, logistics, and homes worldwide. The facility is designed to help customers test, validate, and co-develop robotic systems as physical AI shifts from concept to real-world deployment....
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11.08.26 - 22:48
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SiTime CEO on Role in AI Data Centers, Renesas Deal (Bloomberg)
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Rajesh Vashist, Chairman and CEO of SiTime, discussed the company's impressive triple-digit year-over-year revenue growth, attributing much of the acceleration to AI-driven demand and the expanding data center market. SiTime's technology plays a critical role in timing synchronization across various data center components, including TPUs, GPUs, switches, accelerator cards, optical modules, and cables, ensuring high performance and cost efficiency. He speaks with Romaine Bostick & Isabelle Lee on "The Close." (Source: Bloomberg)...
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31.07.26 - 08:33
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Renesas Reports Financial Results for the Second Quarter Ended June 30, 2026 (Business Wire)
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TOKYO--(BUSINESS WIRE)--#InvestorRelations--Renesas Electronics Corporation (TSE:6723) today announced consolidated financial results in accordance with IFRS for the three and six months ended June 30, 2026.
Summary of Consolidated Financial Results (Note 1)
Summary of Consolidated Financial Results (Non-GAAP basis) (Note 2)
Three months ended
June 30, 2026
Six months ended
June 30, 2026
Billion yen
% of Revenue
Billion yen
% of Revenue
Revenue
405.3
100.0
777.6
100.0
Gross profit
235.3
58.1
455.6
58.6
Operating profit
132.7
32.7
258.2
33.2
Profit attributable to owners of parent
113.3
28.0
216.2
27.8
EBITDA (Note 3)
154.3
38.1
300.5
38.6
Summary of Consolidated Financial Results (IFRS basis)
Three months ended
June 30, 2026
Six months ended
June 30, 2026
Billion yen
% of Revenue
Billion yen
% of Revenue
Revenue
418.4
100.0
798.7
100.0
Gross profit
245.1
58.6
468.4
58.6
Operating profit
102.1
24.4
192.7
24.1
Profit attributable to owners of parent
149.2
35.7
217.3
27.2
EBITDA (Note 3)
148.9
35...
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