Renesas reported for the third quarter of 2017: for the year sales increased by 28%
The company Renesas Electronics has published a report for the last quarter.
The third quarter of 2017 was for the Japanese manufacturer has been extremely successful. Compared to the same period last year, product sales grew by 28.1%.
If we talk only about the semiconductor products, the growth in the segment automotive electronics the increase amounted to 16.9%. Components for industrial electronics during the quarter it sold 18.5% more than a year ago. Sales of microcontrollers and analog devices General purpose managed to increase by 21.1%. All other products were sold at 56.8% more than a year ago.
Revenue amounted to more than 1.71 billion dollars. Operating profit for the quarter amounted to 218 million dollars, gross margin was 47.5%. For comparison: in the previous quarter these indicators were equal to 81.5 million dollars and 41.5% a year ago to $ 128 mln and 41.2%, respectively.