Renesas Electronics Corporation is a Japanese semiconductor manufacturer headquartered in Tokyo. The name "Renesas" is a contraction of "Renaissance Semiconductor for Advanced Solutions." The company was established in 2002 as Renesas Technology through the merger of the semiconductor divisions of Hitachi and Mitsubishi Electric, excluding their DRAM businesses. In 2010, Renesas Technology merged with NEC Electronics to form the current company and adopting its present name. Renesas was among the world's six largest semiconductor companies during the 2000s and early 2010s. As of 2023, it ranked 16th globally in semiconductor sales and second in Japan. In 2024, it ranked second in the automotive microcontroller market behind Infineon Technologies, and third in the overall MCU market behind NXP Semiconductors and Infineon. Wikipedia