RENESAS ELECTRON UNSP/ADR - RNECY STOCK NEWS

Renesas Electronics Corporation has announced the launch of its ForgeFPGA™ Family, marking its entry into the low-cost, low-power FPGA market. These devices, targeting cost-sensitive applications, will be priced under US$0.50 and offer less than 20 microamps standby power. The ForgeFPGA Family includes free, easy-to-use development software with no licensing fees, tailored for both novice and expert developers. This initiative aims to capitalize on the growing demand for programmable logic in consumer and IoT applications, successfully leveraging Renesas's expertise gained from the GreenPAK™ line.

Renesas Electronics Corporation (TSE:6723) has launched the F61xx series of dual-beam active beamforming ICs, designed for phased array antennas used in Satcom, radar, and communications. The new products include the F6121, F6122, and F6123 ICs, offering best-in-class power consumption and flexibility for signal processing. These devices enable low-latency connectivity and are expected to enhance next-generation applications, with production starting in 2022. They address challenges like thermal management and affordability, marking a significant advancement in satellite communication technology.

Renesas Electronics Corporation (TSE: 6723) has launched a new series of multi-cell battery front end (BFE) integrated circuits (ICs), the RAA489206 and RAA489204, aimed at enhancing battery management systems (BMS) for high-voltage applications. These ICs support rapid cell balancing, crucial for large battery packs in e-scooters, energy storage, and uninterruptible power supplies (UPS). Key features include internal and external balancing options, extensive self-diagnostics, and significant design simplification, reducing bill of materials costs. The RAA489206 and RAA489204 are now available for purchase.

Renesas Electronics Corporation has expanded its 5G beamformer IC family with the introduction of two new dual-polarization mmWave devices, F5288 and F5268. These chipsets are designed for 2x2 antenna architecture and operate efficiently at n257, n258, and 261 bands. Notably, they offer the highest Tx output power capability in silicon, exceeding 15.5dBm linear output power per channel. Their advanced technologies, such as Dynamic Array Power, enhance flexibility and efficiency, making them suitable for various wireless applications including fixed wireless access and base stations.

Renesas Electronics Corporation has launched the RH850/U2B MCUs, designed for zone and domain control applications in automotive systems. These new microcontrollers, based on a 28nm process, enhance performance, security, and motor control capabilities, integrating multiple applications into a single chip. They support advanced features, including dual-bank embedded flash for OTA updates and hardware-based security functions. Samples will be available starting April 2022, aligning with the shift towards centralized, zone-oriented electrical architectures in vehicles.

Renesas Electronics Corporation has launched the industry's first industrial temperature DDR5 (5RCD0148H) and DDR4 (4RCD0232K) registered clock drivers (RCDs) designed for extreme environments. The devices operate between -40ºC and 105ºC, outperforming standard commercial devices that operate from 0ºC to 70ºC. Supporting speeds of up to 5200 MT/s for DDR5 and 3200 MT/s for DDR4, they enhance performance and reliability for applications in edge computing, automotive, and 5G. The products are now available for customers.

Renesas Electronics Corporation (TSE:6723) is ramping up to supply a synchronous boost converter for the Lucira™ COVID-19 All-In-One Self-Test Kit, FDA-authorized for at-home testing. This kit provides results in 30 minutes, significantly faster than lab tests that take up to seven days. With over 600 million tests administered in the U.S. this year, Renesas aims to meet high demand for this innovative testing solution, supporting efforts against the COVID-19 pandemic.

Renesas Electronics Corporation (TSE:6723) reported strong consolidated financial results for the nine months ended September 30, 2021, with revenue reaching 680 billion yen, up 29.7% from the previous year. Operating profit surged to 119.5 billion yen, marking a remarkable 149.9% increase, while profit attributable to owners reached 75.5 billion yen or 96.1% growth. The company’s total assets stood at 2.33 trillion yen, with an equity ratio of 44.8%. Renesas anticipates full-year revenue of 978 billion yen.

Renesas Electronics Corporation (TSE: 6723) announced its consolidated financial forecasts for the full year ending December 31, 2021. The revenue forecast is approximately ¥977,986 million, with a gross margin of 52.8% and an operating margin of 28.8%. Notably, the company will suspend year-end dividends to focus on strategic investments. This decision aims to enhance shareholder value by improving corporate growth and profitability. The forecasts are subject to variability due to the semiconductor market's volatility.