Reported 12 months ago
Former banker, Hidetoshi Shibata, is driving Renesas Electronics Corp. towards a $100 billion market value by 2030 through acquisitions and expansions in India and AI technology. Under his leadership, Renesas aims to double annual revenue to $20 billion by the decade's end and triple the company's valuation to ¥16-17 trillion. Renesas' strategic acquisitions and global expansion have reduced reliance on the Japanese market, with plans to increase headcount in India significantly by 2025 as part of Shibata's goal to establish the company as a global player in the semiconductor industry.
Source: YAHOO