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Renesas Commences Operations of Kofu Factory as Dedicated 300-mm Wafer Fab for Power Semiconductors [Yahoo! Finance]

RENESAS ELECTRON UNSP/ADR (RNECY) 
NASDAQ:AMEX Investor Relations: renesas.com/en-us/about/ir.html
Company Research Source: Yahoo! Finance
TOKYO, April 12, 2024 BUSINESS WIRE )--Renesas Electronics Corporation ("Renesas," TSE:6723), a premier supplier of advanced semiconductor solutions, today announced that it has started operations at its Kofu Factory, located in Kai City, Yamanashi Prefecture, Japan. Renesas aims to boost its production capacity of power semiconductors in anticipation of the growing demand in electric vehicles (EVs). To celebrate this milestone, Renesas held an opening ceremony on April 11 with local government officials and partner companies in attendance. The Kofu Factory previously operated both 150mm and 200mm wafer fabrication lines under Renesas Semiconductor Manufacturing Co., Ltd, a wholly owned subsidiary of Renesas, but ceased operations in October 2014. Renesas made the decision to re-open the factory in May 2022 as a 300-mm wafer fab to support the growing demand for power semiconductors, which is propelled by the industry-wide goal to realize a decarbonized society. Renesas conducted a Show less Read more
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