Renesas Electronics Corp. said it is aiming to resume shipments from its fire-hit chip factory at full capacity by early July, roughly in line with its previous target.
The chipmaker suffered a fire at its facility in the city of Naka, Ibaraki Prefecture, on March 19, exacerbating shortages in the technology supply chain as it recovers from the COVID-19 pandemic. The company, which restarted partial production at the plant over the weekend, had said previously it would need about 100 days to bring the factory back to full shipments.
"I appreciate all the help from our partners that enabled us to restart the factory without falling behind,” said Chief Executive Officer Hidetoshi Shibata at a briefing in Tokyo on Monday.