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SVTPerformance's Chain of Restaurants
Road Side Pub
Frying Pan Into the Fire -- Chip Shortage
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<blockquote data-quote="Weather Man" data-source="post: 16599456" data-attributes="member: 137766"><p><a href="https://seekingalpha.com/news/3677252-fire-at-auto-chip-supplier-renesas-caused-more-damage-than-expected" target="_blank">Fire at auto chip supplier Renesas caused more damage than expected</a></p><ul> <li data-xf-list-type="ul">The recent fire at a Renesas (<a href="https://seekingalpha.com/symbol/RNECF" target="_blank">OTCPK:RNECF</a>,<a href="https://seekingalpha.com/symbol/RNECY" target="_blank">OTCPK:RNECY</a>) manufacturing facility affected 17 machines, six more than the company originally reported, according to a <a href="https://asia.nikkei.com/Business/Tech/Semiconductors/Renesas-expects-bigger-damage-from-fire-at-its-chip-factory" target="_blank"><em>Nikkei Asian Review</em></a> report.</li> <li data-xf-list-type="ul">The company says the damage from soot was worse than initially anticipated. The fire damaged production lines that produce advanced 300mm semiconductor wafers.</li> <li data-xf-list-type="ul">Renesas provides about one-third of the global supply of microcontroller units for the automotive industry. Two-thirds of the chips produced at the facility that had the fire were for the auto industry. Note that two out of the facility's three fabs remain in operation.</li> <li data-xf-list-type="ul">Other auto chip companies: NXP Semiconductor (<a href="https://seekingalpha.com/symbol/NXPI" target="_blank">NXPI</a> -2.4%), STMicroelectronics (<a href="https://seekingalpha.com/symbol/STM" target="_blank">STM</a> -2.1%), ON Semi (<a href="https://seekingalpha.com/symbol/ON" target="_blank">ON</a> -3.3%), and Texas Instruments (<a href="https://seekingalpha.com/symbol/TXN" target="_blank">TXN</a> -1.1%).</li> <li data-xf-list-type="ul">Related: Renesas initially forecast a production pause of at least a month, but research firm TrendForce said it will be at least three months before production level ramps <a href="https://seekingalpha.com/news/3675426-renesas-fire-related-production-pause-could-last-three-months-says-trendforce" target="_blank">to pre-fire levels.</a></li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16599456, member: 137766"] [URL='https://seekingalpha.com/news/3677252-fire-at-auto-chip-supplier-renesas-caused-more-damage-than-expected']Fire at auto chip supplier Renesas caused more damage than expected[/URL] [LIST] [*]The recent fire at a Renesas ([URL='https://seekingalpha.com/symbol/RNECF']OTCPK:RNECF[/URL],[URL='https://seekingalpha.com/symbol/RNECY']OTCPK:RNECY[/URL]) manufacturing facility affected 17 machines, six more than the company originally reported, according to a [URL='https://asia.nikkei.com/Business/Tech/Semiconductors/Renesas-expects-bigger-damage-from-fire-at-its-chip-factory'][i]Nikkei Asian Review[/i][/URL] report. [*]The company says the damage from soot was worse than initially anticipated. The fire damaged production lines that produce advanced 300mm semiconductor wafers. [*]Renesas provides about one-third of the global supply of microcontroller units for the automotive industry. Two-thirds of the chips produced at the facility that had the fire were for the auto industry. Note that two out of the facility's three fabs remain in operation. [*]Other auto chip companies: NXP Semiconductor ([URL='https://seekingalpha.com/symbol/NXPI']NXPI[/URL] -2.4%), STMicroelectronics ([URL='https://seekingalpha.com/symbol/STM']STM[/URL] -2.1%), ON Semi ([URL='https://seekingalpha.com/symbol/ON']ON[/URL] -3.3%), and Texas Instruments ([URL='https://seekingalpha.com/symbol/TXN']TXN[/URL] -1.1%). [*]Related: Renesas initially forecast a production pause of at least a month, but research firm TrendForce said it will be at least three months before production level ramps [URL='https://seekingalpha.com/news/3675426-renesas-fire-related-production-pause-could-last-three-months-says-trendforce']to pre-fire levels.[/URL] [/LIST] [/QUOTE]
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Frying Pan Into the Fire -- Chip Shortage
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