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Tag: renesas

Renesas Fire Threatens Global Chip Supply

Renesas Fire Threatens Global Chip Supply
Japanese firm, Renesas Electronics, a major automotive semiconductor supplier, has warned that a fire at one of its factories could severely impact global semiconductor supplies and force a month-long halt in production. For car makers already tackling supply chain disruptions due to the Covid-19 pandemic and severe storms in Texas, the timing of the fire at the advanced chip plant could not be worse. “We are concerned that there will be a massive impact on chip supplies,” Hidetoshi Shibata, Renesas Chief Executive, said earlier this week. “We will pursue every means possible to minimise the impact.”  The fire started in...

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