TOKYO (Reuters) -Japanese manufacturers began restarting production at plants in the country's quake-hit northeast, but Toyota Motor Corp said it plans to idle 18 assembly lines for a few days next week due to a shortage of parts from suppliers. On one hand, the limited damage caused by the magnitude 7.4 temblor has highlighted Japan's success in building resilience against the frequent tremors that shake the archipelago. But the quake has sparked concerns of further disruptions to a pandemic-hit supply chain for precision components vital to electronics and autos production and in which Japanese manufacturers play a leading role.
TOKYO (Reuters) -Japan's Renesas Electronics Corp, Murata Manufacturing Co Ltd, Sony Group Corp and other precision parts makers halted some operations on Thursday after an earthquake jolted the country's northeast, the latest blow to the global supply chain. Even as Japan's dominance of consumer electronics had faded, manufacturers have carved out a world-leading niche in highly specialised components such as Murata's ceramic capacitors and Sony's image sensors.
Resonant (NASDAQ:RESN) stock is up a whopping 250% today on news that the company is being acquired at a hefty premium. Source: Shutterstock.com So what do you need to know about the deal? To start, Resonant is a company that specializes in radio frequency products. Murata Electronics North America, a subsidiary of Murata Manufacturing (OTCMKTS:MRAAY), is paying $4.50 a share in cash to acquire all outstanding RESN stock. That represents a 265% premium over Resonant stock’s Feb. 14 closing price