Reply #20: Earthquake cripples Japan's Consumer Electronics industry [View All]

[DemReadingDU]

3/15/11 Earthquake cripples Japan's CE industry

The operations of Japan’s leading consumer electronics companies have been severely affected by the major earthquake and tsunami in the north of the country.

Canon, Nikon, Panasonic and Sony have all issued statements outlining injuries to employees, damage to plant and equipment and disruptions to operations.

Plant closures and production outages from Japan's host of high-tech companies were among the biggest threats to the global supply chain, according to analysts."Japan remains critical to the global tech food chain," according to analyst firm CLSA.

"Beyond damage to facilities, supply chain disruptions driven by road-port-power outages are key factors to watch," CLSA said, estimating a fifth of all global technology products are made in Japan.

Japan accounts for one-fifth of the world’s semiconductor production, including 40% of output of memory chips.

read for more info about each of these manufacturers
http://www.photoimagingnews.com.au/news/earthquake-cripples-japan-s-ce-industry