Japan chip maker suspended work at its Beijing plant from Friday due to spread of COVID | Forexlive

Japanese chip maker Renesas, info from a spokespersoin for the firm – comes via Reuters report:

• suspended work at its Beijing plant from Friday
• says for several days
• due to the spread of COVID-19 in the city and out of consideration for worker safety
• Renesas is a major producer of semiconductors for automobiles
• the Beijing plant makes chips mostly for industrial uses and home appliances
• It has sufficient stockpiles and no significant impact is expected in the immediate future