Effects Of Japan Disaster On Electronics

MY9TV.COM - There may be long lasting economic aftershocks from the disaster in Japan.
Factories there produce most of the components that make up your t-v's, cell phones, computers and cars.
Already a General Motors plant in Buffalo was forced to temporarily lay off workers due to a shortage of parts.
Here's Nicole Johnson with details on how the disaster in Japan could affect you.

THE CRISIS IN JAPAN HAS PUT A QUESTION MARK ON EVERYTHING FROM COMMON HOUSEHOLD ITEMS TO CARS...
RIGHT NOW...SHELVES ARE STILL STOCKED WITH ELECTRONICS AND THERE ARE PLENTY OF HIGH END VEHICLES ON SALE
BUT SEVERAL JAPANESE MANUFACTURERS HAVE SHUTDOWN FACTORIES AFTER LAST WEEKS EARTHQUAKE AND TSUNAMI....
SUPPLIES IN JAPAN ARE SCARCE....AND THE SITUATION IS STILL UNCLEAR....
SO MERCHANTS HERE ARE ON EDGE WONDERING WHAT WILL HAPPEN WHEN SUPPLIES RUN OUT...

Sal Coppola
Manager K-Mart
"right now we are ok...going forward."

ANDJAPAN IS THE THIRD LARGEST AUTO MAKER---WITHOUT POWER---UNSTABLE NUCLEAR REACTORS
TOYOTA AND NISSAN STOPPED PRODUCTION OF PARTS AND CARS---- BUT SAID WILL RESUME LATER ON THIS WEEK.
FOX BUSINESS ANALYST ADAM SHAPIRO TELLS US WE WILL NOT SEE A SHORTAGE OF ELECTRONICS OR CARS BUT

Adam Shapiro
Fox News
"in 6 to 8 weeks...
"some trouble

NISSAN MAKES 22 PERCENT OF ITS VEHICLES IN JAPAN AND WITHOUT PRODUCTION OF THESE CARS THE COMPANY WILL LOSE 25 MILLION DOLLARS A DAY.
 

"we are planning on ...
can't be assembled

AT THE NISSAN DEALERSHIP IN RAMSEY....BUSINESS IS STEADY FOR NOW AND THEY HAVE AT LEAST A 60 DAY SUPPLY
THE GENERAL MANAGER TELLS US YOU CAN STILL FIND GREAT DEALS HERE...
MOST OF THE COMPONENTS THAT MAKE UP TV'S CELL PHONES...COMPUTERS IPADS YOU NAME IT ARE MADE IN JAPAN...
THE FEAR IS IF THERE IS A SHORTAGE...PRICES ARE EXPECTED TO SKYROCKET...
NICOLE JOHNSON MY 9 NEWS.