SSNLF - Samsung Renesas aim for summer recovery after chip production setbacks

Samsung ([[SSNNF]],[[SSNLF]]) is reportedly aiming to regain full output at its Austin, Texas, fab by summer after a production pause in February due to weather-related power outages.Nikkei Asian Review sources says Samsung hopes to finish its production calibration and replacement of equipment components by May with delivery volume returning to pre-pause levels as early as June.Research firm TrendForce estimates the pause at Samsung's fab handling chips for smartphones and clients like Qualcomm will cause a 30% drop in global 5G phone output during the second quarter.Chipmakers Infineon (IFNNY) and NXP ([[NXPI]] -0.6%) also had fabs affected by the Austin outage, and those facilities represented 6% and 10%, respectively, of the total production capacities of the companies.Auto chip giant Renesas (RNECF) was more recently set back with a fab fire in Japan. The fab will restart with minimal output this weekend to help with calibration. The company hopes to resume normal deliveries by the end

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Samsung, Renesas aim for summer recovery after chip production setbacks