Japan has asked some Taiwanese manufacturers to cooperate in an alternative production of semiconductors after a chip plant owned by Renesas Electronics Corp. was hit by a fire this month.
The Japanese government has sought help for Renesas in restoring production, contacting companies at home and overseas to provide parts and machinery.
Industry minister Hiroshi Kajiyama said they are a;also communicating with several Taiwanese firms to speed up the procurement of manufacturing equipment.
A Renesas-owned Naka chip plant in Hitachinaka, Ibaraki Prefecture, was hit by fire earlier this month due to a power surge in one of the machines, putting more pressure on the broader chips industry amid a global shortage of semiconductors.
The company, which has around 30 percent share of the global market for microcontroller unit chips used in cars, said 23 machines need to be replaced.
Renesas CEO Hidetoshi Shibata said that while production would resume within a month, the plant's recovery to pre-fire levels would take 100 to 120 days from the incident.
The extended outage could add to a global shortage of chips, which is disrupting the production of cars and electronic devices.


Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 



