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

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

20211011 Renesas made in Japan

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

MITSURU OBE, Nikkei Asia chief business news correspondent

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.

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