• Most Popular
  • Most Shared

Fujitsu to restart quake-hit Japan chip plant in 2-3 days

Sat Jun 14, 2008 11:30pm EDT

Stocks

   

TOKYO, June 15 (Reuters) - Japanese electronics conglomerate Fujitsu Ltd (6702.T) said it aimed to get a semiconductor factory damaged by a powerful earthquake in northern Japan up and running again in two to three days.

Stocks  |  Global Markets

The 7.2 magnitude quake struck on Saturday at 8:43 a.m. (2343 GMT Friday) in the prefectures of Miyagi and Iwate, a region around 300 km (190 miles) north of Tokyo and home to several major semiconductor and auto factories. [ID:nT10849]

Fujitsu and Sony Corp (6758.T) had halted production lines for semiconductors and other electronics products at factories in the region to check equipment.

A Fujitsu spokesman said the quake had damaged equipment at a factory in Iwate and that it would aim to restart production early in the week. The factory makes logic LSI (large-scale integration) chips and is operated by unit Fujitsu Microelectronics.

Sony said on Saturday that it had restarted production at four of six factories in the region where output was halted while equipment was checked.

Of the remaining two, it plans to restart production at a plant making communications-related products on Monday while it was still assessing the situation at another factory in Miyagi operated by its Sony Chemical and Information Device unit.

The quake also knocked over some equipment at a factory in Iwate operated by Kanto Auto Works Ltd (7223.T), which assembles the Corolla and other models for Japan's top automaker Toyota Motor Corp (7203.T).

The damage appeared to be minor and the firm is checking to see if it can operate as usual on Monday, a spokesman for Kanto Auto said on Saturday.

(To read the latest story on the earthquake and rescue efforts, click on [ID:nT10849]) (Reporting by Kentaro Hamada and Nathan Layne; Editing by Kim Coghill)



More from Reuters

A customer is served at a counter inside a foreign exchange store displaying a poster of various banknotes including the Chinese yuan or renminbi (RMB) in Hong Kong November 20, 2009. REUTERS/Bobby Yip
OUTLOOK 2010:

Be careful what you wish for

Pressure on China to loosen its grip on the yuan will continue but the U.S. should tread carefully. Here are five world market issues to watch.  Full Article 

Aurora, a 20-year-old Beluga whale, swims with her newborn calf after giving birth at the Vancouver Aquarium in Vancouver, British Columbia June 7, 2009. REUTERS/Andy Clark

365 days for the doomed

From polar bears to emperor penguins, endangered species will get top online billing in 2010 during the Year of Biodiversity.  Full Article