Renesas Itako Plant Resumes Operations on Schedule, Potential Improvement in Automotive Chip Shortage

Renesas Itako Plant Resumes Operations on Schedule, Potential Improvement in Automotive Chip Shortage

On the 23rd, International Electronic Business News learned that Renesas Electronics, the world’s largest automotive MCU manufacturer, announced on the 22nd that its Nakano plant (located in Hitachinaka City, Ibaraki Prefecture, Japan), which was halted due to a 7.3 magnitude earthquake earlier this month, has successfully resumed operations, and production capacity has returned to pre-disaster levels.

Industry insiders believe that this news will alleviate market panic regarding the tight supply of automotive chips.

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