During our conversation in Tokyo, Hidetoshi Shibata who took the helm of Renesas at age 46 in 2019 remained optimistic, forthright, and even self-deprecating.
Hidetoshi Shibata, Renesas CEO
What’s at stake:
The founders of Renesas Electronics in 2010 had high hopes to make their company Japan’s flagship semiconductor supplier. Instead, Renesas lost its way. The life-or-death question for almost a decade has been, who could save Renesas and how he could pull it off. Has Renesas found its guy?
It has taken a generational change, an intrepid global view and exceptional financial savvy to breathe a new life into Renesas, Japan’s ailing chip company. In the most recent financial call, Hidetoshi Shibata, Renesas CEO, declared, “I believe Renesas is finally joining the ranks with global peers in the semiconductor industry.”