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$RNECF $RNECY - Renesas Electronics: Low ROIC, Rising Capex Put Us On The Sidelines. #finance  #business  #markets 

Investors are concerned that Renesas's bottom line could be dented by potentially large goodwill impairment losses.

Renesas keeps advanced chip plant closed Monday for quake damage checks

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Renesas keeps advanced chip plant closed Monday for quake damage checks

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Japanese chipmaker Renesas Electronics shut down its key factory after an earthquake struck Saturday night off the coast of Fukushima Prefecture. If the shutdown drags on, it could add to a global shortage of automotive chips.

Japan’s Renesas said it halted operations at its Ibaraki factory to inspect the building’s clean rooms after a magnitude-7.3 earthquake late Saturday

Renesas Electronics Corp. said it halted operations at its Ibaraki factory to inspect the building’s clean rooms after a magnitude 7.3 earthquake late Saturday.

The challenge for chipmakers like Renesas is that it is difficult to expand capacity at short notice. "Expanding capacity would take a very long time," said CEO Shibata.

Strong demand helps Japanese chipmaker Renesas rebound to $436 million in net profit.

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Activist Maruti Bhapkar has issued legal notice to the Arizona-based Microchip Technology Inc. and Renesas Electronics headquartered in Tokyo on the alleged EVM manipulation

BREAKING: Japanese semiconductor company Renesas Electronics is in talks to acquire U.S. chipmaker Maxim Integrated in what could be close to a $20B deal – sources

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