Semiconductor company Renesas plans to open new South San Jose campus

SourceCBS News
Date Published07/23/2022
Author NameLen Ramirez
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Renesas Electronics Corporation
Parent companyRenesas Electronics Corporation
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):2000
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2022
Country(ies) from which reshored:Japan
City reshored to:San Jose
State(s) reshored to:CA
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredSemiconductor
What domestic positive factors made reshoring more attractive?Skilled workforce availability/training
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