Stabilization of automotive semiconductor procuremen
🟦 Honda acquires Renesas shares for 47.1 billion yen
Honda acquired shares of Renesas Electronics Corporation for 47.1 billion yen. The number of shares acquired is just over 17.65 million shares, which is equivalent to approximately 0.9% of Renesas’ outstanding shares. The purpose of this acquisition is to strengthen collaboration between the two companies, focusing on advanced semiconductors used in autonomous driving and other applications.
🟦 To stabilize procurement transactions for raw materials, etc.
Honda explained that the acquisition of shares is “stabilization of procurement transactions for raw materials and other products.” However, Honda is focusing on the development of autonomous driving technology in its automotive business, and high-performance semiconductors are indispensable for autonomous driving. Strengthening cooperation with Renesas may lead not only to stabilizing procurement but also to accelerating technological development.
🟦Summary
Honda acquired shares of Renesas Electronics for 47.1 billion yen. The purpose of this acquisition is to stabilize the procurement of automotive semiconductors. However, there is a possibility that the company is also considering strengthening cooperation in the fields of autonomous driving and EVs.
Honda’s acquisition of 0.9% is equivalent to about one-fifth of the 4.4% sold by Denso.
