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Renesas Electronics Corporation (RNECF)
| Previous close | 15.00 |
| Open | 16.27 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 16.27 - 16.27 |
| 52-week range | 13.18 - 21.20 |
| Volume | |
| Avg. volume | 12,820 |
| Market cap | 28.913B |
| Beta (5Y monthly) | 1.18 |
| PE ratio (TTM) | 13.56 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.18 (1.23%) |
| Ex-dividend date | 28 Dec 2023 |
| 1y target est | N/A |
- Reuters
India gives green light to chip plants worth $15.2 billion
NEW DELHI (Reuters) -India gave the go-ahead to construction of three semiconductor plants worth 1.26 trillion rupees ($15.2 billion) by firms including Tata Group and CG Power on Thursday, as the country pursues its goal of becoming an electronics powerhouse. India, which is seeking to rival countries such as Taiwan in chipmaking, expects its semiconductor market to be worth $63 billion by 2026, but does not yet have a chipmaking facility. Prime Minister Narendra Modi wants to make India a chipmaker for the world as his government tries to overcome setbacks faced in its bid to offer $10 billion in incentives to the industry.
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- Reuters
UPDATE 5-Japan chipmaker Renesas to buy software firm Altium for $5.9 bln
Japan's Renesas Electronics on Thursday said it would buy electronics design firm Altium for $5.9 billion in cash, as the acquisitive automotive chipmaker looks to offer digital device design to customers. The acquisition places Renesas at the forefront of dealmaking and investment in Japan's chips industry, with the government making efforts to improve competitiveness and boost supply chain resilience against geopolitical shocks. Renesas, which manufactures chips for automakers such as Toyota and Nissan, aims to provide device design through the purchase of Altium, which offers digital tools for engineers and designers devising circuit boards.
