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The big threat: Chip shortage
TOKYO--The world's largest maker of automotive microcontrollers--the electronic brains that control millions of vehicles built by major automakers--is shifting production from a key crippled plant to two other plants, but it will take months before shipments can start.
The move by Renesas Electronics, which controls 41 percent of the global automotive chip market, signals months of shortages of the highly specialized parts, already in tight supply before the March 11 earthquake in Japan. Japanese and North American automakers could face production shutdowns if the pipeline runs dry.
Renesas will move production from its Naka plant, which built 25 percent … Read more
