Movement control order restricts production for Renesas in Malaysia

The Malaysian government announced that the Movement Control Order will be in effect from March 18 until April 14, 2020. Prime Minister of Malaysia, Muhyiddin Yassin, made a televised speech and officially made public the restricted activities order under the Prevention and Control of Infectious Diseases Act. Currently the status of the semiconductor manufacturer’s sites are: Renesas Semiconductor (Malaysia) Sdn. Bhd. partially resumed operation on March 21, 2020, and following the Malaysian governments’ instructions, as of March 26, the site is running at a limited capacity. Renesas Semiconductor KL Sdn. Bhd. is as of March 26 running at a limited capacity as well. Integrated Device Technology Malaysia Sdn. Bhd.,which will soon change its name to Renesas Electronics (Penang) Sdn. Bhd., resumed partial operations on March 19 and as of March 26 it is running at a limited capacity. Renesas Group’s production sites in China Although the group’s two production sites in China (Beijing and Suzhou) temporarily halted operations, production partially resumed from February 10, 2020, and as of March 26, 2020, are under normal operation. Although impacts from the production halt from Renesas’ Malaysian production sites will be additionally incorporated into the group’s consolidated forecasts for the three months ending March 31, 2020, there are currently no revisions at this current time, the company says.