Japan parts makers halt output after 7.4-magnitude earthquake

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Japan parts makers halt output after 7.4-magnitude earthquake
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Japan parts makers halt output after 7.4-magnitude earthquake:

Even as Japan's dominance of consumer electronics had faded, manufacturers have carved out a world-leading niche in highly specialised components such as Murata's ceramic capacitors and Sony's image sensors.

"An earthquake stopping production is a pure negative given components are currently selling as fast as you can make them," said Hideki Yasuda, an analyst at Ace Research Institute. Renesas last year emerged as a supply chokepoint after a fire broke out at its Naka plant in Ibaraki prefecture. Among them was the advanced 300 millimetre wafer Naka plant. Ford Motor said as much as 80% of its lost vehicle production in the second quarter of last year was due to the fire.

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