Renesas sales and profits sink

Renesas reported Q4 sales 11% down y-o-y at $1.67 billion and profits down 4.9% y-o-y at $191 million. For the full year of 2018, sales were down 3,3% y-o-y at $6.7 billion and profits were down 2.1% y-o-y at $1 billion. For Q1 it forecasts sales of $1.3-5 billion. “In our full year 2018 and ...

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