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SVTPerformance's Chain of Restaurants
Road Side Pub
Frying Pan Into the Fire -- Chip Shortage
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<blockquote data-quote="Weather Man" data-source="post: 16609328" data-attributes="member: 137766"><p><a href="https://seekingalpha.com/news/3682928-auto-chip-giant-renesas-expects-to-restore-lost-capacity-by-end-of-april" target="_blank">Auto chip giant Renesas expects to restore lost capacity by end of April</a></p><ul> <li data-xf-list-type="ul">Renesas Electronics (<a href="https://seekingalpha.com/symbol/RNECF" target="_blank">OTCPK:RNECF</a>) <a href="https://www.reuters.com/business/autos-transportation/renesas-says-plans-restore-full-production-fire-damaged-chip-plant-by-end-may-2021-04-19/" target="_blank">restarted minimal output</a> on its 300mm chip line on Saturday at the fire-damaged facility located northeast of Tokyo.</li> <li data-xf-list-type="ul">Half of the Naka plant's capacity should be back online by the end of this month, and the full production ramp will take an additional 70 days.</li> <li data-xf-list-type="ul">Renesas first announced the fire four weeks ago. The fire was caused by an electrical overload and damaged the fab's clean room and 23 machines.</li> <li data-xf-list-type="ul">The company is one of the world's largest suppliers of microcontroller chips used in the automotive industry, representing about one-third of the global market that's still stuck in a chip shortage.</li> <li data-xf-list-type="ul">Last week, Nikkei Asian Review sources said Renesas hoped to return to normal deliveries by the<a href="https://seekingalpha.com/news/3682644-samsung-renesas-aim-for-summer-recovery-after-chip-production-setbacks" target="_blank"> end of June.</a></li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16609328, member: 137766"] [URL='https://seekingalpha.com/news/3682928-auto-chip-giant-renesas-expects-to-restore-lost-capacity-by-end-of-april']Auto chip giant Renesas expects to restore lost capacity by end of April[/URL] [LIST] [*]Renesas Electronics ([URL='https://seekingalpha.com/symbol/RNECF']OTCPK:RNECF[/URL]) [URL='https://www.reuters.com/business/autos-transportation/renesas-says-plans-restore-full-production-fire-damaged-chip-plant-by-end-may-2021-04-19/']restarted minimal output[/URL] on its 300mm chip line on Saturday at the fire-damaged facility located northeast of Tokyo. [*]Half of the Naka plant's capacity should be back online by the end of this month, and the full production ramp will take an additional 70 days. [*]Renesas first announced the fire four weeks ago. The fire was caused by an electrical overload and damaged the fab's clean room and 23 machines. [*]The company is one of the world's largest suppliers of microcontroller chips used in the automotive industry, representing about one-third of the global market that's still stuck in a chip shortage. [*]Last week, Nikkei Asian Review sources said Renesas hoped to return to normal deliveries by the[URL='https://seekingalpha.com/news/3682644-samsung-renesas-aim-for-summer-recovery-after-chip-production-setbacks'] end of June.[/URL] [/LIST] [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Frying Pan Into the Fire -- Chip Shortage
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