Automotive chipmaker Renesas Electronics Corp plans to halt production at six pl...
FILE PHOTO: Renesas Electronics Corp's logo is seen on its product at the company's conference in Tokyo, Japan, April 11, 2017. REUTERS/Toru Hanai
The company is considering halting front-end production at the plants for a month around May and again for a month around August to avoid excessive chip inventories amid uncertainties stemming from Sino-U.S. trade frictions. Renesas expects chip demand for autos, machine tools and air conditioners to slip further this year, a company spokesman said.
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