Japan's Renesas says auto chips stable, warns of U.S. strike impact

Consumer electronics segment hit by slower demand for devices as inflation rises

20231026 Renesas

Renesas, a major maker of microcontroller units for cars, saw a 2.9% year-on-year operating profit drop in the nine months ending in September.  © Reuters

RYOHTAROH SATOH, Nikkei staff writer

TOKYO -- Japanese chipmaker Renesas Electronics said growth in its automobile chip segment remained steady but warned it may yet feel an impact from worker strikes at auto plants in the U.S.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.