Toyota Motor Corp and Nissan Motor Co halted operations at their plants in northern Japan after a magnitude 7.4 earthquake struck off the coast of Fukushima Prefecture late on Wednesday night.
Work at Toyota’s factories in Iwate and Miyagi prefectures remained suspended yesterday afternoon, spokeswoman Shiori Hashimoto said in an e-mailed statement.
Toyota’s popular Yaris compact car is among the vehicles made at the plants.
Nissan halted production at its factory in the city of Iwaki in Fukushima. The plant had already been scheduled to close yesterday and today as part of Nissan’s employee vaccination schedule, spokeswoman Azusa Momose said.
While there was some damage at Toyota’s plants, there have not been any reports of employee injuries, the company said.
Nissan said that all of its employees have been safely evacuated, and there was no damage affecting production or injuries reported at its Iwaki facility, Momose said.
Some equipment was damaged at Denso Corp’s Fukushima plant, a spokeswoman for the Toyota supplier said yesterday, adding that the company is assessing how production might be affected.
Toyota also halted its engine factory in Miyagi, although operations resumed late yesterday after safety checks, Hashimoto said.
Hitachi Astemo Ltd has temporarily halted operations at seven factories in northern Japan while inspections are carried out, a company spokesman said, adding that the auto parts maker cannot forecast when production might resume.
Separately, Japanese automotive chipmaker Renesas Electronics Corp yesterday said it temporarily halted production at two semiconductor plants and partially stopped output at a third following Wednesday’s earthquake.
Among them is its advanced Naka plant in Ibaraki Prefecture, which supplies chips to global auto companies that have had to to curb output because of chip shortages.
Renesas did not say when production would restart.
Additional reporting by Reuters
Nvidia Corp’s demand for advanced packaging from Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) remains strong though the kind of technology it needs is changing, Nvidia CEO Jensen Huang (黃仁勳) said yesterday, after he was asked whether the company was cutting orders. Nvidia’s most advanced artificial intelligence (AI) chip, Blackwell, consists of multiple chips glued together using a complex chip-on-wafer-on-substrate (CoWoS) advanced packaging technology offered by TSMC, Nvidia’s main contract chipmaker. “As we move into Blackwell, we will use largely CoWoS-L. Of course, we’re still manufacturing Hopper, and Hopper will use CowoS-S. We will also transition the CoWoS-S capacity to CoWos-L,” Huang said
Nvidia Corp CEO Jensen Huang (黃仁勳) is expected to miss the inauguration of US president-elect Donald Trump on Monday, bucking a trend among high-profile US technology leaders. Huang is visiting East Asia this week, as he typically does around the time of the Lunar New Year, a person familiar with the situation said. He has never previously attended a US presidential inauguration, said the person, who asked not to be identified, because the plans have not been announced. That makes Nvidia an exception among the most valuable technology companies, most of which are sending cofounders or CEOs to the event. That includes
INDUSTRY LEADER: TSMC aims to continue outperforming the industry’s growth and makes 2025 another strong growth year, chairman and CEO C.C. Wei says Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), a major chip supplier to Nvidia Corp and Apple Inc, yesterday said it aims to grow revenue by about 25 percent this year, driven by robust demand for artificial intelligence (AI) chips. That means TSMC would continue to outpace the foundry industry’s 10 percent annual growth this year based on the chipmaker’s estimate. The chipmaker expects revenue from AI-related chips to double this year, extending a three-fold increase last year. The growth would quicken over the next five years at a compound annual growth rate of 45 percent, fueled by strong demand for the high-performance computing
TARIFF TRADE-OFF: Machinery exports to China dropped after Beijing ended its tariff reductions in June, while potential new tariffs fueled ‘front-loaded’ orders to the US The nation’s machinery exports to the US amounted to US$7.19 billion last year, surpassing the US$6.86 billion to China to become the largest export destination for the local machinery industry, the Taiwan Association of Machinery Industry (TAMI, 台灣機械公會) said in a report on Jan. 10. It came as some manufacturers brought forward or “front-loaded” US-bound shipments as required by customers ahead of potential tariffs imposed by the new US administration, the association said. During his campaign, US president-elect Donald Trump threatened tariffs of as high as 60 percent on Chinese goods and 10 percent to 20 percent on imports from other countries.