Mar. 25, 2008 – Japan’s Renesas Technology says it will invest about ¥4B (US ~$40M) to expand capacity for microcontroller production with a new building at its backend process plant in Beijing, China, in a bid to boost the company’s MCU marketshare by 25% globally to 30%.
The proposed new site, expected to be ready for full operation by the end of the new fiscal year (FY08), will increase production floorspace by about 60% to 29,000 m2, and ultimately double total manufacturing capacity for various products at the site (MCUs, mixed-signal ICs, and others) to 100M units/month by fiscal 2012.
Renesas Semiconductor (Beijing) Co. Ltd. was founded in March 1996, is capitalized at about $64.46M, and employs roughly 2100 workers.
Besides the Beijing operation, Renesas also has a backend process plant in Suzhou; together the two operations currently manufacture 70M units/month, an amount that also will roughly double by fiscal 2012 to ~140M units/month.