TOKYO (Reuters) – A Renesas Electronics executive told a shareholders’ meeting on Wednesday that while a recent fire at its chipmaking plant would have an immense impact on its finances in the short term, the medium-term impact will be limited.
The Japanese chipmaker said on Tuesday that it would take at least 100 days to get back to normal production at its fire-hit plant, even as the government urged some Taiwanese companies to help with alternative chip production.
(Reporting by Eimi Yamamitsu; Editing by Jacqueline Wong)
