Renesas 1Q profit drops on weak auto and industrial chip demand

Levi Li

, DIGITIMES Asia, Taipei

Apr 27, 2025, 04:02 0

Credit: AFP

Renesas Electronics saw revenue and profit tumble in the first quarter of 2025, hit by ongoing softness in automotive and industrial chip demand. On a non-GAAP basis, Renesas reported consolidated revenue of JPY308.8 billion (approx. US$2.16 billion), down...

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