Though it compares in no way to the horrible devastation the people of Japan have had to endure recently, there are going to be consequences of the Japanese disaster in the world of electronics. I’m sure many of you are aware that quite a few of the electronics that Americans love and use daily are made or designed in Japan.
Inside the industry, we have been waiting to learn of the impact that will be felt here in the USA. This week, we’ve been informed that several of our vendors & distributors have had emergency meetings to discuss the reality.
Of course, the scale of the disaster, the horrific loss of life, & the damage to structures meant so much more to worry about than whether or not the Electronics Industry was going to be affected. Now that some time has passed, however, it is becoming very clear:
It appears the US is about to experience a pretty significant shortage in the electronic sector.
Obviously things could be much worse than this; we’re not talking about water, food, fuel, or oxygen. However, we take our responsibility to our clients & readers very seriously. If we hear news, so should you.
So, what does this mean? Well, expect to see the price of LED & LCD televisions going up. One of the largest plants in world that contributed to this technology was located in Northern Japan, and is now gone. Also be prepared to wait longer for these products. There will probably be a small resurgence of love for Plasma TVs, as they will be more readily available.
Semiconductors are another area that will be seeing serious repercussions. Without boring you, semiconductors are in just about all of your favorite electronics. Cell Phones, Automobiles, Remote Controls, even LED lighting will be effected.
Toshiba, Panasonic, Texas Instruments, and Sony are just a few of the manufacturers feeling a major impact. Not only are they coping with incredible business setbacks, they’re also dealing with the loss of life, & injuries of their employees.
Sony alone has suspended operations at 7 plants.
Also, many Japanese ports are completely shut down. Even if the products were available, they aren’t leaving Japan for a while.
Now is the time to purchase electronics. If you’ve been on the fence, go for it.
Please let us know your questions or concerns, we will do our best to get you answers.
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