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March 18, 2011

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Lenovo Warns About Battery Shortage

LENOVO, the world's No. 4 personal computer brand, joined a growing list of companies in several industries warning of disruptions to their production in the medium term, as stocks of components such as batteries dwindle.

"In the short term there won't be much impact. We are more worried about the impact in the next quarter," Lenovo Chief Executive Yang Yuanqing said in Shanghai yesterday.

The supply of batteries for notebook PCs ... could come under pressure, as key suppliers such as Sony Corp have shut down factories in Japan, said Michael Clendenin, managing director of RedTechAdvisors, a Shanghai-based firm.

"Sony and Sanyo would be two of the key suppliers, and Sony has essentially shut down five or six of its factories in Japan," Clendenin said.
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