Japan's Renesas learns to weather downturns in semiconductors

Chipmaker maintains high profit margin via acquisitions and inventory controls

20240425N Renesas

Renesas Electronics shares gained on April 25 even after the chipmaker said its quarterly net profit declined. (Renesas Electronics)

RYO MUKANO, Nikkei staff writer

TOKYO -- Once highly susceptible to volatility in the semiconductor market, Japan's Renesas Electronics has succeeded in building a more resilient business that remains profitable even in the face of headwinds, its latest quarterly results show.

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