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Major Japan-based semiconductor manufacturer Renesas says it will double output of semiconductors for the automotive industry with the restart of one of its closed plants. Total investment in the project is JPY 90 billion ($703 million), Kallanish notes. The company plans to restart production at its Kofu Factory, Yamanashi Prefecture, Japan. The plant, closed in October 2014, will reopen in 2024 as a 300mm wafer fab capable of manufacturing power semiconductors…
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