31 Mar '11, 3am

Analysts expect the price of electronic gadgets to rise, following the Japan disasters

Analysts expect the price of electronic gadgets to rise, following the Japan disasters

Jordan Drake sets up a video camera at The Camera Store in Calgary, Alberta. Smaller electronic and camera stores are already feeling the effects of shutdowns by many electronic manufacturers after the earthquake and tsunami in Japan. -- PHOTO: REUTERS PARIS - DISASTER-HIT Japan churns out many of the world's smartphones, video cameras and other gadgets and while sales are not expected to suffer around the globe, industry analysts expect prices to rise. 'From semiconductors to displays, to automotive and consumer electronics, the effects of the Japan earthquake continue to reverberate throughout the world,' said Dale Ford, senior vice-president at research firm IHS iSuppli. 'Beyond the damage to Japan's own industrial base, the earthquake has impacted the production of basic electronic raw materials,' Ford said. Japan produces between 15 per cent and 20 per cent of the wor...

Full article: http://www.straitstimes.com/BreakingNews/TechandScience/S...

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Japan disasters could send gadget prices higher

Japan disasters could send gadget prices higher

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