Renesas reports 42 Yen billion six month loss

Renesas Electronics has reported results for Q2 that ended September 30, 2011. The company showed a 8.8 Yen billion net income loss in the quarter and a 42 Yen billion loss for the first half of the financial year.

Renesas electronics was heavily affected by the Japanese earthquake in March 2011 that contributed to the overall decline in net income. © Renesas