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Toshiba and Hitachi LCD plants damaged, will shut down for a month

You might’t have a 9.0 magnitude earthquake without breaking just a few factories, particularly ones that produce fragile liquid crystal screens, and this week Toshiba, Hitachi and Panasonic are each reporting damages which have forced them to shut LCD production facilities plagued by the tsunami and quake. Panasonic isn’t sure when its plant in Chiba prefecture might resume carving up the glass sandwiches , telling Bloomberg that “there was some damage, though not a fireplace or a collapse,” but both Hitachi and Toshiba will reportedly halt some assembly lines for around a month to take care of damages. It’s probably still too soon to speak about panel shortages — though they appear likely soon — but we’ll tell you how things progress.

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