INTERVIEW-Renesas: euro crisis, Thai floods hit chip sales

Newswire

TOKYO, Dec 21 (Reuters) - Japanese chip-maker Renesas Electronics Corp said on Wednesday the European financial crisis and Thai flooding are hitting demand, but it has not given up hope of turning a profit in the October-March second half. Japan's March 11 disaster hurt Renesas, the world's largest maker of microcontroller chips, by paralysing supply chains and halted production at major car plants. Now flood damage at Thai auto and camera plants is in turn slowing sales, company ...

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