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Power chip companies Renesas, Infineon, and others are cutting jobs and spending, as disappointing EV market growth leaves them saddled with excess capacity (Nikkei Asia) from Techmeme RSS feed.
Power chip companies Renesas, Infineon, and others are cutting jobs and spending, as disappointing EV market growth leaves them saddled with excess capacity (Nikkei Asia)

Nikkei Asia:
Power chip companies Renesas, Infineon, and others are cutting jobs and spending, as disappointing EV market growth leaves them saddled with excess capacity — TOKYO — Producers of power semiconductors, a key component in the electric-vehicle supply chain, are shrinking their workforces …