China’s Earthquake Shakes Japan

Posted by Bill Belew on May 15th, 2008 in Japan | Comments Off

Japanese companies are feeling tremors from the recent earthquake in China.

Hitachi Ltd's joint venture in Chengdu (they make inverters) was forced to halt production.

Fujitsu Ltd also suspended operations at its semiconductor development joint venture, also in Chengdu.

Suzuki Motor Corp and Mazda Motor Corp halted operations briefly.

Toyota operations were halted as well.

All told, more than 150 Japanese firms were affected.

More tremors will be felt by Japan bean counters in the coming reports, eh? 

source & source


 

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