TOKYO -- Japanese chipmaker Renesas Electronics expects solid growth in revenue and profits in 2022 following a robust performance last year, amid a global semiconductor shortage.
Semiconductors
Renesas sees 'solid growth' in 2022, led by automotive chips
Profit triples last year, due to stockpiling demand amid semiconductor shortage
Demand for automotive chips will be strong in 2022, as auto production is expected to bounce back from supply constraints last year. © Reuters
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