Renesas Electronics Corp

6723: XTKS (JPN)
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Renesas: Transferring Coverage With a Fair Value Estimate of JPY 3,010; Shares Fairly Valued

We are transferring coverage of Renesas, a leading integrated device manufacturer of microcontrollers, analog, and power chips. Renesas is the fifth-largest automotive semiconductor manufacturer in the world by revenue, with an estimated market share of 6.7% as of 2024.

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