Renesas Electronics to withdraw from the large-sized display driver IC business
With no short term recovery in sight, the company concluded it will be difficult to stay in the large-sized display driver IC business and decided to withdraw from it as part of its structural reform measures. This measure will be effective from March 31, 2012. For those large-sized display driver ICs which have already started mass production, the company stated it will discontinue its supply in consultation with existing customers using these drivers effective March 31, 2013. Renesas SP Drivers Inc., a consolidated subsidiary of Renesas Electronics, will continue to supply small- and mid-sized display diver ICs as in the past.
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