Renesas Electronics Corp.'s group net loss expanded to ¥167.58 billion in the business year ended in March on sluggish sales and hefty restructuring costs, the struggling chipmaker said Thursday.
Renesas posted a ¥62.60 billion loss the year before.
The manufacturer of microcontrollers and other semiconductor products for automakers and electronics makers said that its group operating loss had narrowed to ¥23.22 billion, compared with ¥56.75 billion the previous year, on sales of ¥785.76 billion, down 11.0 percent.