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Wednesday, March 26, 2008

Fire Factory to Cause Battery Shortage

According to Yahoo! News, a March 3 fire at LG Chem's Ochang factory has contributed to a shortage of laptop batteries, especially for Dell, Hewlett-Packard, and Asus. In fact, the fire at LG Chem, S. Korea's 2nd largest battery maker, could conceivably affect up to 40% of 2nd quarter shipments at Asus. Dell, on the other hand, expects minimal impact.

LG Chem said it expected the Ochang plant to start production again in two to three months.

You can read the full article here.

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