Business

Japan’s Renesas to shift production to Ehime from fire-hit chip plant: NHK

TOKYO (Reuters) – Japanese chipmaker Renesas Electronics Corp is set to shift some production to a factory in the southwestern prefecture of Ehime after a fire damaged a factory in northeast Japan, public broadcaster NHK said on Tuesday.

Renesas has said it would take months to get the fire-hit factory back to normal, worsening a global shortage of semiconductors used in cars, smartphones and home appliances.

(Reporting by Tokyo Newsroom; Editing by Jacqueline Wong)

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