[QuadList] The latest news from Japan

[David Crosthwait]

Late last week, Sony said it would re-start a plant in Kanuma, north of Tokyo, where it makes industrial adhesives and optical film, leaving 7 other plants and two research and development centers still suspended after the quake.

A Sony spokeswoman said the company was inspecting some facilities to see when production might be resumed, but was still not sure when this would be possible. One plant in Miyagi, making magnetic tape and Blu-ray disks was severely damaged by the tsunami.

Sony CEO Howard Stinger told CNN on March 20th that the events could end up boosting Japan’s economy. “They’ll have to spend the money on rebuilding and restructuring,” Stringer said from New York on CNN’s “Fareed Zakaria GPS” program. “So that might also generate some energy in the economy,” said Stringer.

Sony, Japan’s largest exporter of consumer electronics, and with 167,900 employees worldwide, is going to bear more damage from an event like this, simply because of their huge footprint in both Japan and internationally.

Sony was planning to resume partial operations at a plant that makes rechargeable batteries in Tochigi prefecture, northern Japan, on March 22, Hiroshi Okubo, a Tokyo-based spokesman for Sony, told Bloomberg News on the 20th. The plant would be Sony’s third to resume normal operations since the earthquake caused Sony to halt production at ten factories. Sony also told Bloomberg that it could restart a DVD-manufacturing plant in Ibaraki prefecture within a week. The Sony factory that makes magnetic tapes and Blu-ray discs suffered the most damage among the company’s facilities. The plant, located in Tagajo City, Miyagi, isn’t receiving any power and is hampered with rubble and mud, according to Bloomberg News.


http://digitalsignageweekly.com/article/55890.aspx#aTop


David Crosthwait
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