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Renesas to Consolidate Shiga Factory and Transfer its Lands

August 27, 2021

TOKYO, August 27, 2021 ― Renesas Electronics Corporation (TSE:6723), a premier supplier of advanced semiconductor solutions, today announced it will complete the consolidation of the Shiga Factory (Otsu, Shiga Prefecture, Japan) of Renesas Semiconductor Manufacturing Co., Ltd., a wholly owned subsidiary of Renesas, on August 31, 2021, and transfer the lands to Ark Real Estate Co., Ltd.

Renesas previously announced in June 2018 that the Shiga factory will be consolidated in approximately two to three years, and its silicon production line was closed as of the end of March 2021. Following the partial closure, the remaining compound semiconductor production line will be closed as of the end of August 2021, and the Shiga Factory will be fully consolidated. The products manufactured at the Shiga Factory will either be transferred to other factories within the Renesas Group or be discontinued. The transfer of the Shiga Factory lands to Ark Real Estate is scheduled to be completed by the end of October 2021.

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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