Automotive Segment PerformanceThe automotive segment experienced a 10.3% y/y increase in revenue, showing strong performance in this area.
Future Growth AmbitionsRenesas has ambitious goals for 2030, aiming to become a top 3 embedded semiconductor solution provider, achieve 20x revenue growth, and increase corporate value sixfold.
Profitability ImprovementImproving profitability in recent years, partly due to change in product mix, has driven a significant turnaround, with profitability improving substantially in 2023.