Battery Shortage Should Evaporate by Q3

From Yahoo! News -

A shortage of li-ion batteries currently hurting laptop computer shipments will likely ease in the third quarter. A fire at South Korea's LG Chem in March has crimped global supplies of lithium-ion batteries.

The timing couldn't be worse. Demand for notebook computers is soaring this year as people turn to mobile computing. Some companies, such as Asus, have already said the shortage will crimp their laptop shipments this year. Asus believes the battery shortage means lost sales of its popular Eee PC. The company will reach its 5 million unit shipment target for this year, but it could have increased the target were it not for the battery troubles, said Jerry Shen, ASUS CEO, a few weeks ago.