TOKYO -- Japanese chipmaker Renesas Electronics will cut up to several hundred jobs this year, Nikkei has learned, amid weak demand for a broad range of chips.
Semiconductor production slows to crawl as demand down for cars, factory equipment

Renesas also cut 1% to 2% of its workforce and postponed raises in 2024. (Source photos by Nikkei)
TOKYO -- Japanese chipmaker Renesas Electronics will cut up to several hundred jobs this year, Nikkei has learned, amid weak demand for a broad range of chips.