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Renesas sticks to 'fab-lite' despite Japan's semiconductor push

Company will outsource more chip production to focus on profit, executive says

Renesas is expanding beyond automotive chips into analog semiconductors: components that convert analog signals such as sound and images into digital signals and back again   © Reuters

TOKYO -- Renesas Electronics, one of the world's largest automotive chipmakers, says it will outsource more of its production, even as the Japanese government pushes to revive local semiconductor manufacturing.

While the Tokyo-based company produces some of its chips in-house, it relies on overseas chipmakers such as Taiwan Semiconductor Manufacturing Co. for its more advanced offerings, a strategy it intends to stick to in order to maintain its focus on profitability.

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