Disaster in Japan May Strongly Affect Consumer Electronics Industry

Posted Wed Mar 16, 2011 at 07:00 AM PDT by Dick Ward

Supply goes down, price goes up, and products may be delayed.

The recent natural and nuclear disasters in Japan may end up having a devastating effect on the Japanese consumer electronics industry, but at this point it's really too soon to tell just what the outcome will be.

Updates are still coming in from the major suppliers and manufacturers, but many have already reported conditions from light building damage and lack of electricity and water up to Toshiba's Kitakami City plant which will be out of operation indefinitely.

Most companies, thankfully, have been reporting small amounts of damage and minor injuries.

The folks at TWICE are updating regularly as they find out more.

Source: TWICE

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Tags: Industry Trends, High-Def Retailing (all tags)