01
Nov
14:50
Renesas expects semiconductor supply/demand balance in mid-2022
Major Japan-based semiconductor manufacturer Renesas expects demand for semiconductors to continue to grow steadily until the first half of 2022, mainly in the automotive and industrial sectors, says company chief executive Hidetoshi Shibata.
Renesas returned to full production in July following its plant fire in March (see Kallanish passim).
“The company is shifting toward more long-term contracts amid the global chip shortage,” Shibara said during a…
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