Renesas Electronics Announces Company Name Change of Consolidated Subsidiary

25 Dec 2019

TOKYO, Japan ― Renesas Electronics Corporation (“Renesas”, TSE: 6723), a premier supplier of advanced semiconductor solutions, today announced that, following the approval of Board of Directors on December 25, it will change the company name of its consolidated subsidiary, Integrated Device Technology Malaysia Sdn. Bhd. (“IDT Malaysia”), as described below.

1. Name of the Subsidiary after Change

Renesas Electronics (Penang) Sdn. Bhd.

2. Overview of the Subsidiary

(1) Name Integrated Device Technology Malaysia Sdn. Bhd.
(2) Headquarters Phase 3, Bayan Lepas Free Industrial Zone, 11900, Penang, Malaysia
(3) Representative Sailesh Chittipeddi
(4) Business operation Development, manufacture, and sale of semiconductors
(5) Capital 551,785 thousand US$
(6) Established December 5, 1987

3. Reason for the company name change of the subsidiary

As announced on October 30, 2019, to align with the change in company name of Integrated Device Technology, Inc. (“IDT”), a consolidated subsidiary of Renesas, an IDT’s subsidiary IDT Malaysia will change its company name to Renesas Electronics (Penang) Sdn. Bhd.

4. Date of Subsidiary’s Name Change

The change in company name is expected to occur in the first half of 2020, following approvals by relevant regulatory authorities.

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, home electronics, office automation, and information communication technology applications that help shape a limitless future. Learn more at renesas.com.


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