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chips / China / semiconductors / japan

Renesas bins SiC plans, for now, as China's chip industry grows

An "extremely severe" market and potential $2bn deposit loss haven't helped

Noah Bovenizer
By  Noah Bovenizer
Updated / Published 3 min read
Rubbish overflowing out of a large bin on the street. Renesas has abandoned its SiC plans amid strong competition from China
Image Credit: https://unsplash.com/@jilburr

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  • Noah Bovenizer

    Noah Bovenizer

    Noah Bovenizer is a reporter with The Stack. He previously covered the transportation sector for Global Data. He has a first class degree in journalism and has also worked as a newsreader for Gaydio.

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