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Renesas Electronics to boost semiconductor supply capacity

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Corporate developments

The company will increase capacity for low-end microcontrollers by roughly 70% to over 30,000 wafers per month

According to press release on NIKKEI Asia dated 30 September, Renesas Electronics, a Japanese chipmaker, announced plans to increase its capacity to supply a key component in cars and electronics by more than 50% by 2023, as some industry observers predict a global chip shortage will last into next year and beyond.

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