Arab Today, arab today japan\s renesas sees fullyear loss
Last Updated : GMT 17:02:01
Arab Today, arab today
Arab Today, arab today

Japan\'s Renesas sees full-year loss

Arab Today, arab today

Arab Today, arab today Japan\'s Renesas sees full-year loss

Tokyo - AFP

Japanese semiconductor maker Renesas Electronics Tuesday reported a $429 million net loss for the April-June quarter and forecast a full-year loss because of the impact of the March 11 quake disaster.Renesas had a roughly 40 percent share in the global market for automobile engine and brake system microcontrollers, but its production was hit hard by the powerful March 11 quake and tsunami that rocked northeast Japan.Damage to its facilities sent shockwaves through the global auto industry by causing a supply crunch in the components, which are customized for each car model and for different software systems used by auto makers.Renesas said in the quarter it suffered a net loss of 33.2 billion yen -- compared with a 33.1 billion yen loss in the same period last year.The operating loss grew to 19.1 billion yen from a 339 million yen loss a year earlier, as sales plunged 29.0 percent to 207.2 billion yen.Renesas, which previously delayed giving a forecast as it assessed the impact of the quake disaster, now expects a net loss of 40 billion yen for the full year to March 2012. This compared with a 115 billion yen net loss last year, when the company incurred restructuring costs.The operating loss is now forecast at 28 billion yen, compared with an operating profit of 14.5 billion yen, while its sales forecast is estimated at 1.02 trillion yen against 1.14 trillion yen a year earlier.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today japan\s renesas sees fullyear loss Arab Today, arab today japan\s renesas sees fullyear loss

 



Arab Today, arab today
Arab Today, arab today Heart of Turkish Riviera is Alluring Seaside Escape

GMT 11:11 2017 Tuesday ,28 March

Heart of Turkish Riviera is Alluring Seaside Escape
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Turkey says ends its military operation

GMT 07:53 2017 Thursday ,30 March

Turkey says ends its military operation
Arab Today, arab today Media host gives priority to problems of people

GMT 07:00 2017 Tuesday ,28 March

Media host gives priority to problems of people
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Disaster costs nearly double to $175bn

GMT 10:42 2017 Tuesday ,28 March

Disaster costs nearly double to $175bn
Arab Today, arab today Campaign fights sexual harassment in Egypt

GMT 11:14 2017 Tuesday ,28 March

Campaign fights sexual harassment in Egypt
Arab Today, arab today 'Underwater wasteland' worries

GMT 10:32 2017 Thursday ,30 March

'Underwater wasteland' worries
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Mercedes, VW recall million vehicles in China

GMT 09:16 2017 Wednesday ,29 March

Mercedes, VW recall million vehicles in China
Arab Today, arab today Uber grounds self-driving cars

GMT 09:11 2017 Monday ,27 March

Uber grounds self-driving cars
Arab Today, arab today Singer Rowida Attiya will issue a new song

GMT 07:38 2017 Tuesday ,28 March

Singer Rowida Attiya will issue a new song
Arab Today, arab today Trump moves to roll back Obama climate measures

GMT 08:39 2017 Wednesday ,29 March

Trump moves to roll back Obama climate measures

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 09:28 2017 Tuesday ,28 March

Trump poised to roll back climate protections

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 07:50 2017 Thursday ,30 March

Breaking trans barriers one barbell

GMT 09:02 2017 Thursday ,23 March

Laptop ban sparks ire

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday