[Vnbiz] Renesas expands in VN

[Craig Stevenson]

  Renesas Expands in *Vietnam*

Renesas Technology Corp. has announced plans to expand in *Vietnam*.

The Japan-based company will add a building in Ho Chi Minh City to expand
its development and design capability for its *Vietnam* design subsidiary,
Renesas Design *Viet* *Nam* Co. Ltd. (RVC). Renesas did not disclose the
cost of adding a new building.

RVC was established in October 2004 with a capital investment of $10.2
million. The subsidiary currently has approximately 100 employees. As
business at RVC expands, much of which is focused on multi-function SoCs for
mobile, automotive and digital consumer applications, the number of
engineers at RVC is expected to increase to 500 by 2008.

Operations in the new building are expected to begin in September 2007,
Renesas said.

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