According to the Electronic Times, the plan will guarantee delivery of a certain number of MCU orders within 12 weeks, although not including automotive MCUs.
Sources noted that stock levels of consumer MCUs are high. However, demand for automotive and industrial control MCUs is steady, driven by the electric vehicle (EV) and server industries.
"The industry is closely monitoring delivery times for automotive MCUs and supply is still tight, but not as tight as it was a year or six months ago," the source said. The source said.
Renesas Electronics is said to operate in two main business units: the Automotive Solutions Business Unit (ABU) and the Internet of Things and Infrastructure Business Unit (IIBU).ABU is the company's core legacy business group. Most of its mid-to-high-end automotive MCU architectures are designed and manufactured in-house by Renesas Electronics' own fabs. However, as part of its "light factory" strategy, its outsourcing strategy has become increasingly flexible, with many of its MCU production outsourced to TSMC and LMC.