Renesas’ Q1 net income down 66.5% y/y to USD97.5 million
Expects net income of JPY11.5 billion in first half of 2016
Renesas has reported a 66.5% year-on-year (y/y) decline in net income to JPY10 billion (USD97.5 million as on 30 June 2016) for the first quarter ended 30 June 2016, says a company press release.
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