January 10, 2012

SANTA CLARA, Calif., January 10, 2012 —Renesas Electronics America Inc. today named Ali Sebt president and chief executive officer. Sebt, a 20-year Renesas veteran, succeeds outgoing president and CEO Daniel Mahoney, who has retired from the company.

Sebt joined Renesas Electronics America (formerly Hitachi Semiconductor America) in 1991 and most recently served as the company’s chief operating officer. Previously, he oversaw the business development, sales, marketing and engineering operations of Renesas’ microcontroller business in the Americas.

In his new role, Sebt will continue to advance Renesas Electronics America’s industry leading microcontroller position* and lead the company in serving emerging markets through secure, low-power signal-processing technology building blocks, including analog components, power management ICs and software. Applications in these markets range from automotive and industrial to building and home automation, appliances and healthcare, and each increasingly is defined by a common requirement for system-level design expertise.

“Renesas has a 30-year legacy of developing signal processing technologies that are secure, connected and use less power and fewer resources,” Sebt said. “Combining that with our extensive end market experience, we will drive the next embedded technology growth phase by enabling smarter societies in which people interact with their electronics more efficiently, more conveniently, more safely and with greater intelligence and intuition. I look forward to leading our world-class organization to help our customers in the Americas seize these opportunities.”

About Renesas Electronics America Inc.

Renesas Electronics America Inc., headquartered in Santa Clara, California, is a wholly owned subsidiary of Renesas Electronics Corporation (TSE: 6723), the world's number one supplier of microcontrollers and a premier supplier of advanced semiconductor solutions including microcontrollers, SoC solutions, and a broad range of analog and power devices. In the Americas, Renesas Electronics America markets and sells industrial-type active-matrix LCD modules from NEC LCD Technologies, Ltd., a global leader in innovative display technologies. More information about the products offered by Renesas Electronics America can be found at http://am.renesas.com.

About Renesas Electronics Corporation

Renesas Electronics Corporation (TSE: 6723), the world’s number one supplier of microcontrollers, is a premier supplier of advanced semiconductor solutions including microcontrollers, SoC solutions and a broad-range of analog and power devices. Business operations began as Renesas Electronics in April 2010 through the integration of NEC Electronics Corporation (TSE:6723) and Renesas Technology Corp., with operations spanning research, development, design and manufacturing for a wide range of applications. Headquartered in Japan, Renesas Electronics has subsidiaries in 20 countries worldwide. More information can be found at www.renesas.com.

*Source: Gartner "Market Share: Semiconductor Devices, Worldwide, 2010" March 2011.


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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