Around the world, Silicon Valley has become synonymous with innovation and transformation. Located in the world’s hotbed of high technology, Renesas Electronics America Inc. has played an essential part in the Japanese parent company’s initiative to grow globally.
“Our company is going through a transformation process and as part of this process, we are first and foremost transitioning from being Japan-centric to being global.
Compared to other overseas headquartered companies operating in the Americas, we can say that we are one of, if not the most global company out here,” said President and Chief Executive Officer Ali Sebt.
“Many CEOs in Silicon Valley will say that it is not competition, but market transformations that make them lose sleep. And many transformations are happening here. Silicon Valley creates new paradigms, whereas other regions are more focused on inventing new solutions,” he also said.
Renesas Electronics America has also fully capitalized on the huge talent pool in the area.
“Hiring Silicon Valley talent allows us to take part in the innovation cycle. We also benefit from very rich software ecosystems that are redefining our economy. When you look at the new apps economy, it was invented and is being nurtured here,” Sebt said.
“All of this is being accomplished based on the acknowledgment that we now live in a borderless society,” he added.
- Originally prepared by Global Media for The Japan Times Special Report on Northern California 2014 (Credit: Philippe Le Saux)