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Renesas restarts semiconductor production in fire-hit factory - Nikkei Asia

TOKYO -- Japanese chipmaker Renesas Electronics resumed production of semiconductors at its Naka factory on Saturday, a month after the plant was damaged by a fire on March 19.

The timing is in line with the company's plan to resume production in a month. Production volume is expected to increase gradually.

The Naka factory in Ibaraki Prefecture, north of Tokyo, was equipped with production equipment for chips used in cars. Due to lag times, Renesas expects its shipments to return to normal levels about 100 days after the fire.

Renesas President and CEO Hidetoshi Shibata is expected to give a news conference on Monday.

Amid a global chip supply crunch, Renesas has been trying to make up for shortfalls in output by stepping up production at other plants in Japan and placing orders with overseas manufacturers, including Taiwan's TSMC. Even before the fire, external manufacturers accounted for about 30% of Renesas shipments.

The shortage of semiconductors has squeezed global automakers' output as well. U.S. carmaker General Motors has laid off workers, while Japan's Nissan Motor has furloughed about 800 workers at its U.K. assembly plant.

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Renesas restarts semiconductor production in fire-hit factory - Nikkei Asia
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