RNECY - Renesas Electronics Corporation

Other OTC - Other OTC Delayed Price. Currency in USD
2.38
-0.11 (-4.61%)
At close: 3:59PM EST
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Previous Close2.49
Open0.00
Bid0.00 x 0
Ask0.00 x 0
Day's Range0.00 - 0.00
52 Week Range
Volume0
Avg. Volume21,112
Market Cap8.133B
Beta (3Y Monthly)1.24
PE Ratio (TTM)11.55
EPS (TTM)0.21
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • Renesas in $6.7 billion deal for IDT to boost chips for self-driving cars
    Reuters Videos2 months ago

    Renesas in $6.7 billion deal for IDT to boost chips for self-driving cars

    Japan's Renesas Electronics Corp said it had agreed to buy Integrated Device Technology Inc (IDT) for $6.7 billion, its second major acquisition as it deepens its push into semiconductors for self-driving cars. As Thuy Ong reports, the deal for the U.S. chip design firm underscores fierce competition between global chipmakers as they seek to boost their product line-ups and market share in the highly lucrative field of automotive chips.

  • Japan's Renesas Electronics to Acquire U.S. Chipmaker IDT
    Bloomberg2 months ago

    Japan's Renesas Electronics to Acquire U.S. Chipmaker IDT

    Sep.11 -- Renesas Electronics, the second-biggest supplier of semiconductors used in cars, said it plans to acquire Integrated Device Technology for about $6.7 billion to expand beyond the automotive sector into data centers and consumer devices. Bloomberg's Manuel Baigorri reports on "Bloomberg Markets: Asia."

  • IDT Reports Fiscal 2019 Q2 Financial Results
    PR Newswire23 days ago

    IDT Reports Fiscal 2019 Q2 Financial Results

    Q2 FY19 Revenue of $235.5 M Q2 FY19 GAAP Diluted EPS of $0.26 Q2 FY19 Non-GAAP Diluted EPS of $0.47 SAN JOSE, Calif. , Oct. 29, 2018 /PRNewswire/ -- Integrated Device Technology, Inc. (IDT ® ) (NASDAQ: ...

  • PR Newswirelast month

    SHAREHOLDER ALERT: Monteverde & Associates PC Launches An Investigation of the Board of Directors of Integrated Device Technology, Inc. - IDTI

    NEW YORK , Oct. 8, 2018 /PRNewswire/ --  Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a boutique securities firm headquartered at the Empire State Building in New York ...

  • WeissLaw LLP Investigates Integrated Device Technology, Inc. Acquisition
    PR Newswire2 months ago

    WeissLaw LLP Investigates Integrated Device Technology, Inc. Acquisition

    NEW YORK , Sept. 27, 2018 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Integrated Device Technology, Inc. ("IDTI" ...

  • INTEGRATED DEVICE INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Integrated Device Technology, Inc. - IDTI
    PR Newswire2 months ago

    INTEGRATED DEVICE INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Integrated Device Technology, Inc. - IDTI

    NEW ORLEANS , Sept. 18, 2018 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed ...

  • Company News For Sep 12, 2018
    Zacks2 months ago

    Company News For Sep 12, 2018

    Companies in the news are: IDTI, YUMC, TLRY and F

  • TheStreet.com2 months ago

    Stocks End Higher on Strength in Tech

    Stocks closed higher Tuesday on strength in tech ahead of Apple's new phone introductions Wednesday.

  • TheStreet.com2 months ago

    Closing Bell: LIVE MARKETS BLOG

    Amazon Business segment is on track to generate more than $10 billion in revenue this year, just three years after Amazon launched Amazon Business. Amazon Business, which sells business supplies to companies, has thoroughly disrupted the business supply industry that had been dominated by retailers like Office Max and Staples. Amazon said that it serves more than 55 of the Fortune 100 companies, more than half of the 100 biggest hospital systems in the country and more than 40% of the 100 most populous local governments.

  • The Wall Street Journal2 months ago

    [$$] Renesas to Buy Integrated Device Technology for $6.7 Billion

    If the deal is approved by shareholders and antitrust authorities, Renesas would pay $49 per share, a 29.5% premium over IDT’s stock price as of Aug. 30, when the Japanese company initially said it was considering the acquisition. Renesas said it would finance the deal mainly through new bank lending worth ¥679 billion ($6.1 billion) and no new share offers are planned.

  • Reuters2 months ago

    Japan stocks rise on weaker yen, Nasdaq gain; US deal lifts Renesas

    Japanese stocks had their best day in four weeks on Tuesday, with exporters lifted by the yen's weakening against the dollar and technology shares boosted by gains for Wall Street counterparts. The Nikkei ...

  • Renesas in $6.7 billion deal for IDT to boost chips for self-driving cars
    Reuters2 months ago

    Renesas in $6.7 billion deal for IDT to boost chips for self-driving cars

    Japan's Renesas Electronics Corp said it had agreed to buy Integrated Device Technology Inc (IDT) (IDTI.O) for $6.7 billion, its second major acquisition as it deepens its push into semiconductors for self-driving cars. Renesas is second only to NXP Semiconductors NV (NXPI.O) in auto-related chips and commands 30 percent of the global market for microcontrollers used in cars. In particular, Renesas has been keen to get its hands on IDT's know-how in analog semiconductors for wireless networks and sensors - expertise crucial to develop autonomous driving and connected car technology.

  • Renesas in $6.7 billion deal for IDT to boost chips for self-driving cars
    Reuters2 months ago

    Renesas in $6.7 billion deal for IDT to boost chips for self-driving cars

    Japan's Renesas Electronics Corp said it had agreed to buy Integrated Device Technology Inc (IDT) (IDTI.O) for $6.7 billion, its second major acquisition as it deepens its push into semiconductors for self-driving cars. Renesas is second only to NXP Semiconductors NV (NXPI.O) in auto-related chips and commands 30 percent of the global market for microcontrollers used in cars. In particular, Renesas has been keen to get its hands on IDT's know-how in analog semiconductors for wireless networks and sensors - expertise crucial to develop autonomous driving and connected car technology.

  • Reuters2 months ago

    PRESS DIGEST -Wall Street Journal - Sept 11

    The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Renesas Electronics Corp will buy California-based Integrated ...

  • Japan's Renesas Electronics to Acquire U.S. Chipmaker IDT
    Bloomberg2 months ago

    Japan's Renesas Electronics to Acquire U.S. Chipmaker IDT

    Renesas Electronics, the second-biggest supplier of semiconductors used in cars, said it plans to acquire Integrated Device Technology for about $6.7 billion to expand beyond the automotive sector into ...

  • Renesas's IDT Deal Looks Good. If You Don't Look Closely
    Bloomberg2 months ago

    Renesas's IDT Deal Looks Good. If You Don't Look Closely

    Renesas Electronics Corp. makes a heck of a presentation. Gross and operating margin would improve 1.6 percentage points and 1.2 percentage points, respectively, under the deal, it claimed. Under GAAP, gross margin at IDT was 4.9 percentage points lower for fiscal 2018  than what Renesas outlined in Tuesday’s presentation, and operating margin was less than half at 13.2 percent.

  • The Wall Street Journal2 months ago

    [$$] business Watch

    Renesas Electronics Corp. will buy California-based Integrated Device Technology Inc. for $6.7 billion, the Japanese chip maker said Tuesday. Renesas said the IDT acquisition will help to expand its presence in the auto industry. The deal is expected to close by June next year, Renesas said.

  • Reuters2 months ago

    Japan stocks gain as yen, Nasdaq boost exporters and tech shares

    Japanese stocks rose on Tuesday, with exporters lifted by the yen's weakening against the dollar and technology shares taking heart from gains in their American peers. The Nikkei share average was 0.91 ...

  • Japan's Renesas to buy U.S. chipmaker IDT for $6.7 billion
    Reuters2 months ago

    Japan's Renesas to buy U.S. chipmaker IDT for $6.7 billion

    Japanese chipmaker Renesas Electronics Corp said on Tuesday it had agreed to buy U.S. peer Integrated Device Technology Inc (IDTI.O) for about $6.7 billion (5.1 billion pounds), aiming to boost its expertise in self-driving car technologies. The deal allows Renesas, second only to NXP Semiconductors NV in chips used in cars, to bring on board IDT's know-how in chips for wireless networks and data storage which are crucial for self-driving cars. Renesas will pay $49.00 per share in cash for all IDT outstanding shares, compared with Monday's close at $42.08, and expects the deal to close in the first half of 2019.

  • Reuters3 months ago

    Nikkei hit by trade tensions; Renesas Electronics tumbles

    Japan's Nikkei fell on Monday as renewed trade worries hurt sentiment, while Renesas Electronics tumbled on concerns about how it would finance its plan to purchase a U.S. chipmaker. U.S. President Donald Trump said on Saturday there was no need to keep Canada in the North American Free Trade Agreement and warned Congress not to meddle with the trade negotiations or he would terminate the trilateral trade pact altogether. Hiroyuki Fukunaga, chief executive of Investrust, said given the U.S.-Japan trade talks this month, "this news suggests a discouraging outlook for us," adding that many investors are staying on the sidelines for now.

  • Reuters3 months ago

    Nikkei falls on fresh trade worries; Renesas Electronics tumbles

    Japan's Nikkei fell on Monday morning as renewed trade worries dented risk appetites, while Renesas Electronics tumbled on concerns about how it would finance its announced plan to purchase a U.S. chipmaker. U.S. President Donald Trump said on Saturday there was no need to keep Canada in the North American Free Trade Agreement and warned Congress not to meddle with the trade negotiations or he would terminate the trilateral trade pact altogether.

  • Why Integrated Device Technology, Inc. Stock Jumped Friday
    Motley Fool3 months ago

    Why Integrated Device Technology, Inc. Stock Jumped Friday

    Is this semiconductor company about to get acquired?

  • Japan's Renesas says considering buying U.S. chipmaker IDT
    Reuters3 months ago

    Japan's Renesas says considering buying U.S. chipmaker IDT

    Renesas Electronics Corp is considering buying U.S. chipmaker Integrated Device Technology Inc, the Japanese automotive chipmaker said on Friday, as it beefs up its business in chips for self-driving cars and seeks new growth areas. The deal could be worth as much as $6 billion, making it one of the largest acquisitions by a Japanese chipmaker, the Nikkei business daily reported. Shares of San Jose, California-based IDT, which makes radio frequency chips used in 4G/5G mobile networks, datacenters and self-driving cars, rose 16.2 percent to $44 in premarket trading, giving the company a market value of $5.7 billion.