Tokyo, Japan - 21 April 2014 - Renesas Electronics Corporation has opened Renesas Electronics India Pvt. Ltd, a wholly-owned subsidiary of Renesas Electronics Singapore Pte. Ltd., located in Bangalore, India. The new subsidiary is located in Bangalore and is staffed by field application engineering, product marketing and sales resources.
Since 2010, Renesas has been carrying out its business promotion activities and providing technical product support to its customers in India via its branch offices in Bangalore, Delhi and Mumbai. As part of its expansion plan, Renesas is converting its India branch offices to a full subsidiary. Renesas can now expand its operations to other cities in India, as well as engage in a wider range of business activities.
“By opening a full-fledged subsidiary in India, we will be able to provide better and broader support to the growing customer base in India,” said Manabu Kawashima, Senior Vice President of Renesas Electronics Corporation. “India is one of the most important markets for Renesas and strengthening our presence here is part of our growth strategy. We aim to expand our global sales by providing the best solution offerings and technical product support, as well as a regional systems solution development expertise to the Indian market.”
“Renesas understands the unique needs of emerging markets,” added Hideyuki Shimada, Managing Director of Renesas Electronics Singapore. “In order to expand Renesas’ footprint in markets like India, Renesas India will engage with the Renesas headquarters in Japan to develop new products and solutions dedicated for emerging countries including India. Our goal is to become the most trusted semiconductor solution provider in India.”
Renesas India plans to expand its application engineering team to develop and market “India-centric” solutions. The engineering team will first focus on two-wheeler automotive solutions. Moving forward, Renesas India intends to expand its operations to other cities in India and extend its solution offerings to industrial and consumer applications.
This expanded application engineering support will fuel growth in this sector. In addition to India, Renesas has sales offices in Europe, U.S., Canada, Brazil, China, Hong Kong, Taiwan, Korea, Malaysia and Singapore. These solution offerings developed for the Indian marketplace will also be available for customers in Singapore, China and Taiwan.
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 approximately 20 countries worldwide.
Source: Renesas Electronics Corporation