Design Con 2015
Breaking News
Comments
Newest First | Oldest First | Threaded View
Tatsuo Kobayashi
User Rank
Freelancer
re: White knight or asset stripper?
Tatsuo Kobayashi   7/4/2012 2:10:10 AM
NO RATINGS
Junko, I have been reading your articles and comments regularly. You said..."It's not Renesas doesn't have a will to reorganize the company". I am sorry but I disagree here. The fact is, Renesas management has been doing lip service all these years without producing concrete results. It is unthinkable in the states here that management of such a large organization is still in the office after failing to meet their own projections for the last 5 years. I can understand that as a native Japanese you might have a soft corner for Renesas, and hence trying to defend their position. Fact is, it doesn't work in the real world anymore. Few years back, TI and Renesas were facing the same situation. However, TI didn't hesitate to make tough decisions and today although they are not growing, they still make decent profits. Renesas on the other hand chose to remain lethargic in their approach, and therefore they are out in the market once again begging for money. Let's call a spade a spade. Renesas has become a blackhole, which will keep on sucking money. They won't make money even if all their factories are running at 100% capacity. Turnaround is not easy and choices they have are very tough. But I am pretty sure that Renesas management has absolutely no intentions of keeping their word. They just want to float around in the system for another 2-3 years, collect their retirement allowances and go home. In fact the current management team does not have any experience of running a public listed company. Most of the time they have worked under the umbrella of their parent companies without really facing the external world. I don't expect much from their current management. Renesas today needs someone like Carlos Ghosn, who has the will and guts to pull through this sinking boat.

daleste
User Rank
CEO
re: White knight or asset stripper?
daleste   6/28/2012 3:34:43 AM
NO RATINGS
Its a difficult market. Some of the players will have to drop out. Hopefully that will make the rest stronger.

junko.yoshida
User Rank
Blogger
re: White knight or asset stripper?
junko.yoshida   6/27/2012 8:15:10 AM
NO RATINGS
If NEC, one of the parent companies of Renesas, is not up for making further investments in Renesas, I don't think the Japan's MCU giant has little choice. Just as it was the case with any European companies, massive layoffs are problematic because their workers are well protected in Japan. It's not Renesas doesn't have a will to reorganize the company. Without adequate funding, Renesas can't pull off layoffs, spinoffs or sales of fabs and divisions.

mcgrathdylan
User Rank
Blogger
re: White knight or asset stripper?
mcgrathdylan   6/25/2012 6:19:39 PM
NO RATINGS
Obviously Renesas faces some extremely painful decisions/choices. But if you look at NXP and Freescale, both are still heavily burdened by the debt they took on as a result of those deals (especially Freescale). Is this really the best way forward for Renesas?



Top Comments of the Week
Flash Poll
Like Us on Facebook

Datasheets.com Parts Search

185 million searchable parts
(please enter a part number or hit search to begin)
EE Life
Frankenstein's Fix, Teardowns, Sideshows, Design Contests, Reader Content & More
Carlos Bueno

Adventures in Userland
Carlos Bueno
Post a comment
Editor’s Note: Excerpted from Lauren Ipsum: A Story About Computer Science and Other Improbable Things, author Carlos Bueno introduces us to Lauren and her adventures in Userland. ...

Max Maxfield

Tired Old iPad 2 vs. Shiny New iPad Air 2
Max Maxfield
9 comments
I remember when the first iPad came out deep in the mists of time we used to call 2010. Actually, that's only four years ago, but it seems like a lifetime away -- I mean; can you remember ...

Martin Rowe

Make This Engineering Museum a Reality
Martin Rowe
Post a comment
Vincent Valentine is a man on a mission. He wants to make the first house to ever have a telephone into a telephone museum. Without help, it may not happen.

Rich Quinnell

Making the Grade in Industrial Design
Rich Quinnell
16 comments
As every developer knows, there are the paper specifications for a product design, and then there are the real requirements. The paper specs are dry, bland, and rigidly numeric, making ...

Special Video Section
The LT8640 is a 42V, 5A synchronous step-down regulator ...
The LTC2000 high-speed DAC has low noise and excellent ...
How do you protect the load and ensure output continues to ...
General-purpose DACs have applications in instrumentation, ...
Linear Technology demonstrates its latest measurement ...
10:29
Demos from Maxim Integrated at Electronica 2014 show ...
Bosch CEO Stefan Finkbeiner shows off latest combo and ...
STMicroelectronics demoed this simple gesture control ...
Keysight shows you what signals lurk in real-time at 510MHz ...
TE Connectivity's clear-plastic, full-size model car shows ...
Why culture makes Linear Tech a winner.
Recently formed Architects of Modern Power consortium ...
Specially modified Corvette C7 Stingray responds to ex Indy ...
Avago’s ACPL-K30T is the first solid-state driver qualified ...
NXP launches its line of multi-gate, multifunction, ...
Doug Bailey, VP of marketing at Power Integrations, gives a ...
See how to ease software bring-up with DesignWare IP ...
DesignWare IP Prototyping Kits enable fast software ...
This video explores the LT3086, a new member of our LDO+ ...
In today’s modern electronic systems, the need for power ...