Toshiba Shares Fall 30% Shortages In Notebooks & Tablets Coming

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Toshiba Australia is facing delays to notebooks and their new Folio tablet, after the Japanese company said yesterday, that an assembly line making small liquid crystal displays would be closed for a month.The company was due to launch their new 10 inch Folio Tablet in May 2011 in Australia, however local executives who were due to fly to Japan this week to finalise supply and configuration of the device cancelled the trip.

Yesterday more than $300,000 dollars’ worth of Toshiba notebooks were stolen from a warehouse in Sydney.

Toshiba’s assembly line at a plant near Tokyo making LCDs for smartphones and other devices will be closed for several weeks to repair sensitive equipment, knocked out of alignment by the quake, a Toshiba spokeswoman said yesterday.

This plant supplies the mobile phone industry and auto makers with navigation displays.

Other PC makers set to be hit by recent earthquake in Japan are Fujitsu and Lenovo who yesterday said that they are worried over parts supply from Japan.

Hitachi Ltd has also said production of small LCDs will be halted at its factory near Tokyo for a month as it deals with damage and power outages stemming from last week’s 9.0 magnitude earthquake.

Hitachi supplies screens to several Smartphone manufacturers and for LED touch screen displays.

This week Toshiba shares fell over 30 percent. Toshiba also made some of the reactors at the stricken Fukushima nuclear plant, north of Tokyo.

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