Japan's Renesas: aftershocks prevent replacement of damaged equipment

A Renesas Electronics Corp's chip is pictured at the company's office in Tokyo in this March 21, 2013 file photo. REUTERS/Yuya Shino/Files

TOKYO: Japanese automotive chipmaker Renesas Electronics said aftershocks were keeping it from installing replacement equipment at a quake-hit plant, raising the prospect of delays for the global supply chain for automakers. 

Renesas holds 10.5% of a US$30bil (RM116.56bil) market for chips that are used throughout vehicles, in critical areas such as engines as well as in frills like assisted parking, according to research firm Gartner.