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Solid business results outside Japan, including robust sales of optical transmission systems in North America, outsourcing services in the UK, and hard disk drives in overseas markets, helped to offset sales declines in servers and PCs in Japan.

Renesas' sales decline exceeded the 3 percent fall it projected a year ago, which the company attributed to sluggish demand, leading to lower microcontroller sales, and eroding prices of driver LSIs for LCD panels for mobile phones.

Mobilygen is a developer of low power H.264 compression technology