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Electronics Production |

Renesas introduce growth strategies and structural reform measures

Renesas Electronics introduce growth strategies and structural reform measures to construct business structure resistant to market changes.

Renesas has introduced a three-pronged business strategy including (1) formulation of growth strategies by optimizing business portfolios, (2) realization of merger synergies, such as the integration of development environments, technology platforms and various infrastructures, and (3) implementation of structural reforms to create a business structure with stable profitability and resistance to changing market conditions. The new business strategy has been formed by reviewing all of the former companies’ respective management resources, including technologies, products, design and development environments, manufacturing, sales, material purchasing, and business processes, to maximize the merger synergies, and by evaluating measures to achieve the company’s business goals.

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March 28 2024 10:16 am V22.4.20-1
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