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http://www.dualshockers.com/2013/08/04/nintendo-and-the-wii-u-may-be-in-trouble-due-to-closure-of-vital-semiconductor-factory/

Title is misleading; it's not owned by Nintendo. This is the Renesas factory that was going to close (see article) due to low Wii U sales not covering its running costs.

The Sony deal will allow it to keep producing the Wii U component. Nintendo would otherwise have been forced to pay Renesas more to keep it open, since it can't be readily sourced from elsewhere.