FILE PHOTO: Renesas Electronics Corp's logos are pictured at the company's conference in Tokyo, Japan, April 11, 2017. REUTERS/Toru Hanai/File PhotoNEW YORK: A fire at a plant owned by Japanese chipmaker Renesas could deepen the ongoing global semiconductor shortage that has especially hampered automobile production.
Renesas said two-thirds of the products made in the building could be produced elsewhere, although “due to the recent increase in demand for semiconductors, the situation does not allow for all products to be immediately produced alternatively.”