• Renesas to restart production at fire-hit chip plant by April 19 -Asahi

    renesas

    TOKYO (Reuters) – Renesas Electronics Corp will resume production at a chip-making factory in eastern Japan that suffered a fire last month by April 19, the Asahi newspaper reported on Friday.

    The production stoppage has caused a major supply disruption for automakers around the world already hit by a chip shortage due to the coronavirus pandemic.

    The Asahi reported it would take two more months, until late June, before chip production returns to pre-fire levels at Renesas.

    Reporting by Tetsushi Kajimoto; Editing by Chang-Ran Kim

  • Subscribe today to the industry leading magazine and newsletter

    Keep up-to-date with information about worldwide trends straight to your inbox or through our printed magazine.