TOKYOBusiness WireRenesas Technology Corp

The 5-inch lines at Kofu are being closed downand their production will be consolidated into the 6-inch lines by the end ofFY2009 Additionally, the 8-inch lines will be expanded. (2) Front-end process facility: Takasaki Site (Takasaki, Gunma Prefecture) The Takasaki Site is a main production base for standard products such astransistors and linear devices. Its 5-inch lines will be consolidated into the6-inch lines by the end of FY2010. In addition, the products manufactured on the6-inch lines are gradually being transferred to 8-inch lines at other sites. (3) Front-end process facility: Kochi Site (Konan, Kochi Prefecture) At the Kochi Site, a main manufacturing center for MCUs and mixed signal devicesusing 6-inch lines, the operations of the second floor are being consolidatedinto the first floor production lines in order to boost production efficiency.This transition is expected to be completed by the end of FY2009. (4) Front-end process facility: Renesas Northern Japan Semiconductor, TsugaruFactory (Goshogawara, Aomori Prefecture) The Tsugaru Factory, a base of a manufacturing subsidiary of Renesas, producesMCUs using 6-inch lines.

Part of the lines at the factory will be halted inFY2009, in order to increase efficiency. (5) Back-end process facility: Renesas Eastern Japan Semiconductor, GunmaFactory (Takasaki, Gunma Prefecture) The Gunma Factory produces standard products such as diodes and linear devicesas a manufacturing subsidiary of Renesas Technology. Optimization of Human ResourcesThe company has begun to implement and to evaluate a variety of measuresdesigned to achieve more efficient and effective placement of human resources. (1) Strengthening of human resources in the MCU business Beginning in FY2009, human resources will be redeployed to strengthen the MCUbusiness, including reassignment of personnel from sectors of system solutionsbusiness, production units and other areas, to design and engineering for theMCU business. (2) Introduction of a special early retirement system In contrast to the current early retirement system (New Life Plan), the companyis implementing a limited-time special retirement program with an added bonusfor FY2008. (3) Reduction of design subcontractors and temporary personnel at productionsites The company is reducing temporary workers at production sites by 2,500 betweenthe second half of FY2007 and FY2008, as well as downsizing the number of designsubcontractors.

Renesas Technology will undertake a variety of steps, including measures such asthose described above, aggressively and quickly in order to boostcompetitiveness in MCUs, the companys core competence. is one of the world's leading semiconductor systemsolutions providers for mobile, automotive and PC/AV (Audio Visual) markets andthe world's No.1 supplier of microcontrollers. It is also a leading provider ofLCD Driver ICs, Smart Card microcontrollers, RF-ICs, High Power Amplifiers,Mixed Signal ICs, System-on-Chip (SoC), System-in-Package (SiP) and more.Established in 2003 as a joint venture between Hitachi, Ltd. (TOKYO:6501)(NYSE:HIT) and Mitsubishi Electric Corporation (TOKYO:6503), Renesas Technologyachieved consolidated revenue of 951 billion JPY in FY2007 (end of March 2008).Renesas Technology is based in Tokyo, Japan and has a global network ofmanufacturing, design and sales operations in 17 countries with 26,800 employeesworldwide. Ltd.Yeoh Tang Tee, China Mainland:Renesas Technology (Shanghai) Co., Ltd.Shingo Akiyama, 86-21-5877-1818 (802)Hong Kong:Renesas Technology Hong Kong Ltd.Silkie Lau, Taiwan region:Renesas Technology Taiwan Co., Ltd.Frankie Tseng, Copyright Business Wire 2009.

TOKYO(Business Wire)Renesas Technology Corp. The new appointments are subject toapproval of the general shareholders meeting to be held before the end ofMarch, 2009. Satoru Ito, Chairman and CEO since April 2006, will retire from his position.Katsuhiro Tsukamoto, currently President and COO, will be appointed Chairman andBoard Director, and Yasushi Akao, will take up the post of President, whilecontinuing as Board Director. Until now, Renesas Technology has operated under a management team headed by aChairman& CEO and a President & COO. For clarity, the titles of these posts willbe changed to Chairman and President, respectively. Directors to resign (on March 31, 2009) Satoru Ito, Chairman and CEO, Board Director (Scheduled to be appointed Chairman Emeritus on April 1.) Shigeo Uoya, Executive Vice President, Board Director (Scheduled to be appointed Corporate Advisor on April 1.) Shiro Baba, Senior Vice President, Board Director (Scheduled to move to Hitachi, Ltd. on April 1.) Atsushi Asari, Board Director Directors to be promoted (as of April 1, 2009) Katsuhiro Tsukamoto, Chairman, Board Director (Currently President and COO) Yasushi Akao, President, Board Director (Currently Board Director) New candidates for Director (as of April 1, 2009) Kunio Kobayashi, Senior Vice President, Board Director (Currently President, Renesas Eastern Japan Semiconductor, Inc.) Toshikazu Nishino, Board Director (Currently Assistant to the Vice President, Hitachi, Ltd.) Shunsuke Hosomi, Board Director (Currently Managing Officer) Shigeo Mizugaki, Board Director (Currently Managing Officer) Shozo Iwakuma, Board Director (Currently Managing Officer) About Renesas Technology Corp.Renesas Technology Corp.