Renesas Q3 up 30% y-o-y

Renesas had Q3 sales of 192.3 billion yen ($1.7 billion) up 29.6% year-on-year. Gross margin was 47.7%, up 5.2 points y-o-y. Operating profit was $35.9 billion yen ($310 million) up 19.4 billion yen ($170 million) y-o-y. For Q4, Renesas expects sales of 197.6 billion yen ($1.8 billion) up 22.4% year-on-year, gross margin of 46.3%, up ...

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from Electronics Weekly https://www.electronicsweekly.com/news/business/renesas-q3-30-y-o-y-2017-11/