Date: 10/04/2011
Shutdown of Akita plant is expected to be minimal for Elpida Memory
Elpida Memory, Inc. has announced the business impact of the earthquake that occurred in Northeast Japan on the night of April 7.
Elpida provides the following business status report as of April 8:
Hiroshima Plant
The Hiroshima Plant suffered no impact because it is located in Hiroshima in the southwest of Japan, far from the northeastern regions hit by the earthquake.
Elpida Memory, Inc. has said its Akita Elpida Memory Inc., a packaging and testing subsidiary of Elpida, is resuming operations following the restoration of the electrical power supply. Akita Elpida had not been in operation due to a power outage caused by the earthquake.
Because Elpida outsources more than 90% of its packaging and testing operations to overseas firms, the impact on company earnings due to the shutdown of Akita Elpida is expected to be minimal.