TOKYO, Japan, December 21, 2015 — Renesas Electronics Corporation (TSE: 6723, “Renesas Electronics”), a premier supplier of advanced semiconductor solutions, today announced that it will terminate production at Renesas Semiconductor Singapore Pte. Ltd. (“Renesas Semiconductor Singapore”), a wholly-owned subsidiary of Renesas Electronics, as of December 31, 2015.
In the news release, “Notice Regarding Transfer of Semiconductor Manufacturing Facility at Overseas Subsidiary and Contract Production” issued on March 20, 2014, Renesas Electronics announced its plan to transfer part of the manufacturing facility at Renesas Semiconductor Singapore to J-Devices Corporation (“J-Devices”) in the fiscal year ending March 31, 2016. The transfer had been completed through two processes that took place on August 3 and November 2, 2015.
Renesas Electronics also announced on March 20, 2014 that it began negotiations with the local labor union based on its policy to terminate production operation of Renesas Semiconductor Singapore in the second half of the fiscal year ending March 31, 2016. Following the completion of negotiations with the labor union and the completion of transfer of manufacturing facility, Renesas Electronics has decided to terminate production operation at Renesas Semiconductor Singapore on December 31, 2015.
The products in production at Renesas Semiconductor Singapore will be relocated to J-Devices and Renesas Electronics' back-end manufacturing sites. Renesas Electronics intends to continue to deliver the same products with the same quality and performance to the customers.
Overview of Renesas Semiconductor Singapore
(1) Company Name: Renesas Semiconductor Singapore Pte. Ltd.
(2) Representative: Takayuki Uno, Managing Director
(3) Address: 38 Ang Mo Kio Industrial Park 2 Singapore 569511, Singapore
(4) Established: May 1976
(5) Major Operations: Back-end production of semiconductor devices such as microcontrollers
(6) Number of employees Approx. 750 persons
(Note 1) In the press release “Notice Regarding Transfer of Semiconductor Manufacturing Facility at Overseas Subsidiary and Contract Production” issued on March 20, 2014, Renesas announced that part of the manufacturing facility at Renesas Semiconductor Singapore will be transferred to J-Devices Semiconductor Corporation. However, J-Devices Semiconductor merged with its parent company, J-Devices Corporation, as of April 2015.
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.
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.