TOKYO -- Japanese chipmaker Renesas Electronics on Wednesday said that its operating profit more than doubled in the January to March quarter, despite a fire at one if its plants that brought production to a halt for four weeks.
Semiconductors
Renesas quarterly profit more than doubles despite fire
Japanese chipmaker tries to make up for lost time amid growing demand
Renesas operates as a "fab-lite" manufacturer, outsourcing part of its production to foundries such as Taiwan's TSMC. (Source photos by Reuters and Renesas/Kyodo)
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