Renesas Technology America April 2005

Merger of Hitachi & Mitsubishi Electric Semiconductor Businesses Renesas Technology Corp. Flash/SRAM (System Memory) MCU, ASIC, ASSP RF Modules, Mixed Signal Devices MCU, IC Cards, LCD Drivers ASIC, Logic Elpida (NEC, Hitachi, Mitsubishi, PSC) DRAM

RTA - Our Mission Continuously improve North American semiconductor market share on an annual basis (excluding DRAM) Increase our North American MCU market share to 15% by 2010 Achieve continuous improvement in customer satisfaction, as measured by a consistent and independent annual survey Steadily improve productivity as measured by global revenue per employee

Source： i-Suppli(Dec./04) W/W Semiconductor Ranking Based on 2004 Sales Forecast made in December, 2004 Sales YoY (%) Share Strong DSP Sales 1 Intel 29.6 15.1% 13.7% 2 Samsung 14.4 56.1% 6.7% Strong Euro 3 TI 9.8 31.6% 4.6% 4 Infineon 8.9 31.8% 4.1% 4 to 7 is VERY close! 5 Renesas 8.6 13.5% 4.0% 6 Toshiba 8.5 18.2% 3.9% 4.0% 7 STMicro 8.4 21.2% 3.9% 8 NEC Ele 6.3 16.8% 2.9% 9 Freescale 5.4 22.9% 2.5% 10 Philips 5.4 25.4% 2.5% Billions of US$ The semiconductor market in CY2004 has seen a year-over-year increase of approx.28%, driven by memory products such as DRAM and flash memory. However, production adjustments in the Japanese market for mobile phones and digital consumer products, where Renesas has focused, has resulted in Renesas moving down the worldwide semiconductor ranking. Nevertheless, we believe that Renesas has kept its strong position in our focused areas such as automotive semiconductors. Source： i-Suppli(Dec./04)

W/W MCU Ranking Based on 2004 Sales YoY (%) Share 1 Renesas 2,914 21% 22% 2 Freescale 1,717 6% 13% 3 NEC 1,430 22% 11% 4 Infineon 1,090 46% 8% 5 Matsushita 749 14% 7% 6 Microchip 661 24% 5% 4.0% 7 Toshiba 652 11% 5% 8 Fujitsu 594 -12% 4% 9 ST 466 31% 4% 10 TI 370 23% 3% Millions of US$ Source： Gartner Dataquest March 2005

America MCU Ranking Based on 2004 Sales YoY (%) Share 1 Freescale 668 0% 38% 2 Microchip 192 10% 11% 3 Renesas 37% 10% 177 4 TI 9% 15% 163 5 NEC 132 29% 7% 6 Infineon 73 33% 4% 4.0% 7 ST 61 30% 3% 8 Zilog 39 11% 2% 9 Philips 35 (24)% 2% 10 Fujitsu 31 (18)% 2% Millions of US$ Source： Gartner Dataquest March 2005

Renesas’s Position in Semiconductor Industry MCU MCU for Car Navi Application Processor for Mobilephone LCD driver for Color Mobilephone 21% 36% 80% 50% ＷＷ No.1 Share ＷＷ No.1 Share ＷＷ No.1 Share ＷＷ No.1 Share MCU with FLASH Memory Flash Memory HPA for mobilephone(ＧＳＭ) Hi Frequency IC (ＧＳＭ) １G AG-AND World Fastest (10Mb/sec) 22% 41% 59% Based on Quantity MCP for Mobilephone No.1 Share in Japan ＷＷ No.1 Share ＷＷ No.1 Share ＷＷ No.1 Share Source: Renesas Marketing ＆Planning May, 2004

Ubiquitous Market Convergence Mobile Automotive Security Multi-Media RF, Analog Connectivity Digital consumer electronics Network and PC

Only 6 Suppliers Annually Generate Revenue Level Required for Next-Generation Fab ROI Goldman Sachs Analysis: “A Device Maker Needs $7B in Sales to Justify New Fab” - Electronic Business, Feb 2003 $ B Gartner Dataquest March 2004 Revenue