RNECY - Renesas Electronics Corporation

Other OTC - Other OTC Delayed Price. Currency in USD
3.362
0.000 (0.00%)
As of 3:40PM EDT. Market open.
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Previous Close3.362
Open0.000
Bid0.000 x 0
Ask0.000 x 0
Day's Range0.000 - 0.000
52 Week Range
Volume0
Avg. Volume14,439
Market Cap11.015B
Beta1.41
PE Ratio (TTM)13.64
EPS (TTM)0.247
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 Videos8 days 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
    Bloomberg Video8 days 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."

  • Chipmaker Renesas Plans Industrial, Health-Care Acquisitions
    Bloomberg Video3 months ago

    Chipmaker Renesas Plans Industrial, Health-Care Acquisitions

    Jun.26 -- Tokyo-based Renesas Electronics Corp., the world’s second-biggest supplier of semiconductors used in cars, is planning acquisitions to expand outside of the automotive industry. Pavel Alpeyev reports on "Bloomberg Markets: Asia."

  • 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 Newswire17 hours 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
    Zacks7 days ago

    Company News For Sep 12, 2018

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

  • TheStreet.com8 days 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.com8 days 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 Journal8 days 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.

  • Reuters8 days 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
    Reuters8 days 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
    Reuters8 days 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.

  • Reuters8 days 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
    Bloomberg8 days 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
    Bloomberg8 days 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 Journal8 days 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.

  • Reuters8 days 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
    Reuters9 days 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.

  • Bloomberg9 days ago

    Renesas to Acquire U.S. Chipmaker IDT for $6.7 Billion

    Renesas Electronics Corp., the second-biggest supplier of semiconductors used in cars, plans to acquire Integrated Device Technology Inc. for about $6.7 billion to expand beyond the automotive sector into data centers and communications devices. The Japanese company will pay $49 a share, it said in a statement, about a 16 percent premium to the U.S. company’s Monday close. Renesas, which gets more than half of its revenue from auto-sector customers, has signaled plans to make acquisitions beyond the industry to expand into fields from health care to aerospace.

  • Reuters16 days 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.

  • Reuters16 days 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 Fool19 days 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
    Reuters19 days 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.

  • Japan's Renesas says considering buying U.S. chipmaker IDT
    Reuters19 days 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.

  • The Wall Street Journal19 days ago

    [$$] Japanese Chip Maker Renesas in Talks to Buy Integrated Device Technology

    The acquisition, if completed, would be for about $6 billion, a person with direct knowledge of the matter said. Ltd. A state-backed fund, Innovation Network Corp. of Japan, is the company’s largest shareholder, with a 33.38% stake. The Japanese company has been accelerating efforts to develop semiconductors used in vehicles so that it can keep pace with the rapidly consolidating industry.

  • Renesas Is Considering an Acquisition of U.S. Chipmaker IDT
    Bloomberg19 days ago

    Renesas Is Considering an Acquisition of U.S. Chipmaker IDT

    Renesas Electronics Corp., the second-biggest supplier of semiconductors used in cars, said it’s considering an acquisition of Integrated Device Technology Inc. to expand beyond the automotive sector.