Samsung Says Japan Quake Impact on Production to Be Minimal
Samsung Electronics Co., the world’s largest maker of televisions and memory chips, said it expects today’s earthquake in Japan to have minimal impact on the company’s production schedule.
Some of Samsung’s photo equipment was momentarily halted at 2:54 p.m. local time to avoid malfunction and operations returned to normal by 4:30 p.m., the Suwon, South Korea-based company said in an e-mailed statement.
Japan was struck by its strongest earthquake in at least a century, an 8.9-magnitude temblor that shook buildings across Tokyo and unleashed a tsunami as high as 10 meters, engulfing towns along the nation’s northern coast.
To contact the reporter on this story: Jun Yang in Seoul at jyang180@bloomberg.net
To contact the editor responsible for this story: Young-Sam Cho at ycho2@bloomberg.net
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