According to the latest news,the world's largest manufacturer of automotive microcontrollers, Renesas Electronics said on Tuesday that their cooperation with TSMC will help the company to increase market share and operating margin .Renesas Electronics is a supplier of Toyota and other car manufacturers, the company's micro-controller, senior vice president, Shinichi Iwamoto said global microcontroller market share within five years increased from 27% last year to 35 percent,cooperation with TSMC's will help to reduce fixed costs, improving profit margins. This cooperation is also possible to help the company's product outsourcing ratio increase from last year's 15 percent to 30 percent in 2016. TSMC is the world's largest chip outsourcing vendor, according to the cooperation program announced on May 28, the company will begin to supply of 40-nanometer chips for Renesas Electronics which are used for airbag triggers and other equipment. "TSMC has a flexible production capacity and technology, which will expand our business." Shinichi Iwamoto said. He also revealed that the two sides also considered to develop smaller, more efficient energy consumption 28 nanometer chips .Shinichi Iwamoto said that chip orders reduced for consumer electronics companies led to Renesas Electronic deteriorating financial position, but he did not mention the names of specific companies. The company's consumer electronics customers, including Sharp, Sony, Panasonic, TV lower demand.