TOKYO -- Japanese chipmaker Renesas Electronics on Wednesday unveiled plans to raise its capacity to supply a key component in cars and electronics more than 50% by 2023, as some industry watchers predict a global chip shortage could last into next year and beyond.
In its updated production strategy starting this year, Renesas plans to boost its capacity for high-end microcontroller units by 50% to the equivalent of 40,000 200mm wafers a month, largely by securing more lines for outsourced production at chip foundries.
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