A 7.1-magnitude earthquake occurred in the northeastern Japan on the evening of the 7th. Wafer makers Renesas, Elpida, Sony and Canon all reported suspension of production. Corning plans to maintain glass in Japan. Substrate yield. However, Toyota and Nissan, the two major car makers, announced that all Japanese assembly plants that had been shut down due to the earthquake last month will return to work in mid-term, and production may be only half the normal level. In addition, the Tokyo Stock Exchange (TSE) said on the 8th that the plan to extend the trading hours will be suspended to reduce electricity consumption. The plan was originally scheduled to be implemented on May 9 and will now be extended to the autumn. (newstarnet.com)
The strong earthquake on the 7th was the strongest aftershocks caused by the 311-magnitude earthquake last month, resulting in large-scale power outages and again hitting the manufacturers who originally hoped that the supply chain would recover quickly. "Everybody wants to resume production and re-enter the track, but this aftershock will bring a new wave of obstacles and will have a negative impact on the supply chain," said Steven S. Zhang, analyst at Vientiane Securities, Vientiane, Hong Kong.
Renesas, a leading global microcontroller chip manufacturer, said that four factories located in northern Japan have interrupted production due to power outages. Although a factory has resumed its power supply, it is still unclear when it will be resumed.
Elpida, the world's third-largest DRAM chip maker, said that a factory in Akita Prefecture will stop production and will restart after the electricity is restored.
Japan’s largest consumer electronics exporter, Sony, said that two factories in Miyagi Prefecture that were responsible for manufacturing fiber optic equipment and IC memory cards were suspended. The two plants experienced partial recovery after the 311-magnitude earthquake.
Discontinued production was also the case of Canon, the world’s largest camera maker, at its factory in Aomori, Nikon’s two plants in Miyagi Prefecture, and Tokyo Power Corp. (TEL), the world’s second-largest semiconductor equipment maker, in Miyagi. There are three factories in Iwate Prefecture and a Fujitsu factory in Iwate Prefecture.
On the 8th, Corning stated that during Sharp's temporary production cuts of LCD TV panels, Corning’s glass substrate plants in Shizuoka and Sakai will remain unchanged.
Sakurai Akihiro, CEO of Wells Capital Management Co., Ltd. said: "The earthquake may happen again and seriously hamper the reconstruction plan. Operators must plan very carefully and increase the shock resistance to twice or three times, but this will increase the cost significantly. It is worth rebuilding."
Toyota Motors spokesman Noresko said that Japan's assembly plant will resume full operations starting on the 18th, with production at 50% capacity, and will continue until April 27. The production plan after the Golden Week holiday in early May has not yet been finalized. Nissan's five assembly plants in the disaster area will also resume work on the 11th, and the engine plant will resume work on the 18th.
The strong earthquake on the 7th was the strongest aftershocks caused by the 311-magnitude earthquake last month, resulting in large-scale power outages and again hitting the manufacturers who originally hoped that the supply chain would recover quickly. "Everybody wants to resume production and re-enter the track, but this aftershock will bring a new wave of obstacles and will have a negative impact on the supply chain," said Steven S. Zhang, analyst at Vientiane Securities, Vientiane, Hong Kong.
Renesas, a leading global microcontroller chip manufacturer, said that four factories located in northern Japan have interrupted production due to power outages. Although a factory has resumed its power supply, it is still unclear when it will be resumed.
Elpida, the world's third-largest DRAM chip maker, said that a factory in Akita Prefecture will stop production and will restart after the electricity is restored.
Japan’s largest consumer electronics exporter, Sony, said that two factories in Miyagi Prefecture that were responsible for manufacturing fiber optic equipment and IC memory cards were suspended. The two plants experienced partial recovery after the 311-magnitude earthquake.
Discontinued production was also the case of Canon, the world’s largest camera maker, at its factory in Aomori, Nikon’s two plants in Miyagi Prefecture, and Tokyo Power Corp. (TEL), the world’s second-largest semiconductor equipment maker, in Miyagi. There are three factories in Iwate Prefecture and a Fujitsu factory in Iwate Prefecture.
On the 8th, Corning stated that during Sharp's temporary production cuts of LCD TV panels, Corning’s glass substrate plants in Shizuoka and Sakai will remain unchanged.
Sakurai Akihiro, CEO of Wells Capital Management Co., Ltd. said: "The earthquake may happen again and seriously hamper the reconstruction plan. Operators must plan very carefully and increase the shock resistance to twice or three times, but this will increase the cost significantly. It is worth rebuilding."
Toyota Motors spokesman Noresko said that Japan's assembly plant will resume full operations starting on the 18th, with production at 50% capacity, and will continue until April 27. The production plan after the Golden Week holiday in early May has not yet been finalized. Nissan's five assembly plants in the disaster area will also resume work on the 11th, and the engine plant will resume work on the 18th.
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