Renesas Electronics Corporation was founded in 2002 as a joint venture between two major Japanese electronics companies: Hitachi and Mitsubishi Electric. The name "Renesas" is derived from a combination of "Renew" and "Semiconductors". Renesas' portfolio includes a wide range of products, focusing on various sectors such as automotive, industrial, consumer, and IoT. Key categories of Renesas' products include: 1. MCUs (RX Series, RL78 Series, Synergy Platform); 2. Automotive Solutions( Automotive MCUs, SoCs, Power Devices); 3. Analog and Power Semiconductors (PMICs, Voltage Regulators, Audio Amplifiers); 4. System Solutions (Edge AI Solutions, Connectivity Solutions); 5. Industrial & IoT Solutions (sensors, actuators, and embedded controllers). Renesas holds a leading share in the automotive semiconductor market and is a key supplier for microcontrollers and power management solutions in the automotive sector. Its market share in automotive MCUs is estimated at around 20%. With operations in Europe, North America, Japan, and Asia, Renesas has a significant global footprint and works closely with major OEMs and Tier-1 suppliers, especially in automotive and industrial sectors.