NEC Electronics, Renesas

NEC Electronics and Renesas Announce the New Organizational Structure and Personnel Changes Following Merger

News Release from: NEC Electronics (Europe) GmbH
16 March 2010

NEC Electronics Corporation and Renesas Technology Corp. today announced the new organizational structure and personnel changes of Renesas Electronics Corporation (Renesas Electronics), the new integrated company that will be formed on April 1, 2010 when the business integration (the "Business Integration" or the "Merger") of the two entities is completed.

Both companies also announced they have obtained approvals from the relevant antitrust authorities.

Organizational Structure

The new Renesas Electronics will be structured with 7 business units that conduct business operations and technology development, and 10 staff units.

Outline of the 7 business units are as follows:

l Sales Management Unit that constructs and executes sales strategies and measures on a global scale.

l 1st SoC Business Unit responsible for businesses in industrial and imaging (digital cameras, printers, game consoles, etc) areas.

l 2nd SoC Business Unit that promotes SoC businesses for the field of home multimedia including portable devices and digital consumer electronics.

l MCU Business Unit that is in charge of the company’s microcontroller (MCU) business.

l Analog & Power Devices Business Unit that promotes businesses such as power devices, mixed signal ICs (Integrated circuits incorporating both digital and analog functions), display systems, optical and microwave devices.

l Technology Development Unit that formulates technological strategy and promotes technology development.

l Production and Technology Unit that is in charge of developing production plans and technology development and investment plans, as well as, manufacturing management of the company’s plants and manufacturing affiliates.