Global Expansion Builds Strong Success in Brazil over the Past 10 Years
TOKYO, Japan, February 8, 2012 — Renesas Electronics Corporation (TSE: 6723), a premier provider of advanced semiconductor solutions, today celebrated the opening of Renesas Electronics Brasil-Servicos Ltda., a wholly owned subsidiary of Renesas Electronics America located in Sao Paolo, Brazil. Company representatives from Japan and the United States of America as well as customers and industry partners will be in attendance at the opening ceremony. This new company will bolster Renesas' support and services for the South America region by providing local sales promotion and technical product support, as well as regional systems solution development expertise.
Over the past 10 years, working along with its local sales representative and distributors, Renesas has experienced strong adoption of its signal chain solutions in Brazil, especially from the automotive and industrial markets. Renesas has a strong desire to expand its global footprint to pursue growth outside Japan. With this expanded investment in the Brazilian market, a richer relationship with customers and partners in the region.
By providing local support via the new company, Renesas aims to increase its MCU market share in Brazil, as well as increasing its share of the power device market by offering a rich line-up for integrated MCU kit-solutions.
“We are pleased to expand our operations into South America with our new subsidiary. We have seen great promise in this market and we believe that this new investment demonstrates our commitment to customers and partners in Brazil,” said Tetsuro Kitano, senior vice president, Renesas Electronics Corporation. “Going forward, we plan to deliver increased benefits and resources to our customers in Brazil by expanding our ecosystem and building partnerships with local independent design houses, contract manufacturers, universities and R&D centers.”
“I have long been impressed with the innovations being developed by the engineering community in Brazil, especially the areas of automotive, home appliances, motor control and smart metering,” said Ali Sebt, CEO, Renesas Electronics America. “It is an honor to provide MCUs and power semiconductor solutions for products that
will enable people to interact with their electronics more efficiently, more conveniently, more safely and with greater intelligence and intuition.”
Along with a new office, Renesas Electronics Brazil also launched a Portu guese language web site, http://br.renesas.com The new office is located in Sao Paolo and is staffed by product marketing, application engineering and field application engineering resources.
About Renesas Electronics Corporation
Renesas Electronics Corporation (TSE: 6723) delivers trusted embedded design innovation with complete semiconductor solutions that enable billions of connected, intelligent devices to enhance the way people work and live. A global leader in microcontrollers, analog, power,and SoC products, Renesas provides comprehensive solutions for a broad range of automotive, industrial, infrastructure, and IoT applications that help shape a limitless future.Learn more at renesas.com.Follow us on LinkedIn, Facebook, Twitter, and YouTube.
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