November 5, 2020

San Jose, Calif. and Tokyo, Japan – As the semiconductor industry navigates an unprecedented year with projections of steady growth, the Global Semiconductor Alliance (GSA) expands its board of directors with the appointment of Hidetoshi Shibata, President and CEO of Renesas Electronics Corporation (Renesas).

“As the voice of the global semiconductor industry, GSA offers leaders a neutral platform to collaborate and advance technology for a positive societal and economic impact. Our board’s vision, dedication and passion has led to the GSA being a strong, influential association representing companies across the world,” said Jodi Shelton, CEO of GSA. “We are pleased to welcome Hidetoshi as our newest board member and look forward to his contributions as we further progress our industry.”

“Semiconductors are essential technology enablers that power most of the intelligent devices we use today,” said Hidetoshi Shibata, President and CEO at Renesas. “I am proud to join the GSA Board of Directors and add our expertise to the development of innovative solutions in the global collaboration effort, with industry leaders of GSA, which is critical for success in today’s fast-paced and competitive markets.”

The GSA welcomes Renesas, a global leader in the semiconductor industry focused on the IoT, industrial, infrastructure and automotive markets, onto its board of directors with the collective goal of increasing the profitability and sustainability of the global semiconductor ecosystem and improving the worldwide economy.

During his tenure at Renesas, Mr. Shibata led the transformation of the company’s businesses. He also took the lead in the acquisition of two U.S. based semiconductor companies, Intersil and Integrated Device Technology, which expanded Renesas’ global leadership in embedded solutions. As demonstrated at Renesas, his expertise and experience as a successful private equity investor at multiple global institutions will be invaluable to the GSA board.

The GSA board of directors, chaired by Dr. Lisa Su, President and CEO of Advanced Micro Devices, Inc. (AMD), includes executives from nearly 30 of the top semiconductor and technology companies in the world.

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 Follow us on LinkedIn, Facebook, Twitter, and YouTube.

About GSA

GSA is Where Leaders Meet to establish an efficient, profitable and sustainable high technology global ecosystem encompassing semiconductors, software, solutions, systems and services. A leading industry organization that represents more than 25 countries and 250 corporate members, including 100 public companies, GSA provides a unique, neutral platform for collaboration, where global executives interface and innovate with peers, partners and customers to accelerate industry growth and maximize return on invested and intellectual capital. Members of the GSA represent 70 percent of the $450B+ semiconductor industry and continue to grow. Follow GSA on LinkedIn, Facebook, Instagram, Twitter, YouTube and WeChat.

The content in the press release, including, but not limited to, product prices and specifications, is based on the information as of the date indicated on the document, but may be subject to change without prior notice.

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