More plant closures are coming as a result of the devastating earthquake in Japan. Toshiba, for example, said it is shutting down a liquid crystal display plant in Fukaya for about a month as the firm assesses the damage and goes about making repairs. Meanwhile, Hitachi is stopping production of small panel LCDs at a factory near Tokyo, also for about a month.
Whether or not the closures lead to panel shortages is still up in the air. The plants in question mostly deal with displays for mobile devices, like smartphones and navigation devices, and could affect the auto industry, Reuters reports.
"Given that car production in Japan is down anyway, a one-month stop in production may not be as problematic as it might seem," said Damian Thong, an analyst at Macquarie Capital Securities in Japan. "However, given that the market for smartphones outside Japan is pretty active, supply disruptions there could cause problems for some handset makers of some models."
According to iSuppli, Panasonic's 6th generation LCD fab in Japan was also affected by the quake. That plant produces LCD TV panels for use in Panasonic televisions.