Tuesday, July 1, 2008
Renesas Technology Corp. has reorganized its sales and support operations in China again in a move to cut cost.
Under the new organization, the sales subsidiary in Shanghai-Renesas Technology (Shanghai) Co. Ltd. and technical support subsidiary in Beijing-Renesas System Solutions (Beijing) Co. Ltd., are being consolidated.
And the sales subsidiary in Hong Kong--Renesas Technology Hong Kong Ltd., and technical support subsidiary in Hong Kong, Renesas System Solutions Hong Kong Ltd.--are also being consolidated. Operations under the new system will start in July 2008.
This will reduce the number of the sales and technical support organizations in China from four to two. In January of 2007, Renesas reduced the number of sales and technical support subsidiaries in China and Hong Kong from six to four.
At the time, the company appointed Masahiro Yamamura, managing officer, as chief executive of all of them. ''These offices in mainland China and Hong Kong are being consolidated to further simplify the administrative hierarchy and enable quicker response to customers,'' according to Renesas (Tokyo).
By: DocMemory
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