Renesas announced the completion of the reconstruction in 2017, the development of the overseas market, first announced in May with the mainland Great Wall automobile cooperation, the establishment of electric vehicles and automatic driving technology cooperation and development team, October announced the establishment of new research and development sites in the mainland, now decided to expand the mainland research and development team, especially for the mainland market research and development team, Hope to get a breakthrough in the mainland market. According to the Japanese economic News (Nikkei) website, the newspaper on December 1, 2017, in Beijing to visit Renesas Chairman Crane Pill Zhe, and the mainland, the minister of the Chinese cause of the true gang of friends, confirmed Renesas to strengthen the mainland market development, and November 30, 2017 announced the cooperation with India Depot, Renesas has made rapid progress in automotive related ventures overseas. Crane Pill Zhe said, the mainland in the field of electric vehicles, has become the world's main market trend, in the field of IoT (IoT) will probably lead the world development, so the plant accelerated in the mainland to carry out new technology development, should be able to drive the factory's mainland business rapid development. Renesas announced the cooperation with the Great Wall, to set up 20 people's cooperative research and development team, coupled with the new research and development sites, the mainland market for the development of the research and development team lineup, has reached 50 people, now will further expand the research and development team size, hoping to reach 100 people in 2019; In addition, Renesas will implement the 2018-2027-year 10-year plan to support the Chinese college students in the semiconductor design competition, to facilitate the absorption of mainland talent. According to Nikkei, the number of research and development teams at Renesas in China a total of 400 people, but at least 350 of them are for the Japanese parent company to carry out technical product planning and research, is tantamount to the application of personnel costs is lower than the Japanese mainland engineers, actively with the mainland local enterprises and academic units to contact the developer, just increased to 50 people. And now the mainland market revenue, has accounted for 20% of Renesas ' total revenue, the world's largest market after Japan, coupled with a government-encouraged development in the mainland semiconductor market, which estimates that future market growth will be higher than 10% per cent, and that Renesas expects the company to have more than 10% growth rates compared with the growing potential of the Japanese market. Strengthening the mainland market can be said to be a necessary condition. In terms of business, Renesas continued to strengthen the automotive semiconductor industry, especially the control system of electric vehicles, the market is expected to grow with the popularity of electric vehicles, the mainland market is not only actively developing electric cars, but also a large number of European factories in the mainland market, the enterprise is now deeply concerned about the past investment in the mainland car depot,
