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Renesas forms procurement department in Taiwan

Posted: 11 Jun 2004 ?? ?Print Version ?Bookmark and Share

Keywords:renesas technology? microcontroller? mcu?

Microcontroller supplier Renesas Technology Corp. has established its first overseas international procurement department inside its wholly-owned sales company Renesas Technology Taiwan Co., which will begin operations on July 1, 2004. The announcement is anticipated to improve the efficiency of global procurement and strengthen its relationship with local outsourcing companies.

The company expects to consign about 25 percent of its outsourcing business excluding that to the affiliated companies to Taiwan companies this year. Renesas believes that Taiwan outsourcing companies can provide cutting-edge technology products, as well as mature products through the process of foundry, assembly, and testing operations. By having their own procurement department in Taiwan, the company is positive that it will enable a much closer communication with the local companies from the standpoints of both manufacture and technology. In addition, the procurement department will also possible to centralize local product logistics control and to achieve streamlined operations and lower costs.

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