Japanese DRAM maker Elpida Memory on Monday said its factories are operating "at close to normal levels" two weeks after the 9.0-magnitude earthquake in Japan, and that it has "sufficient parts and materials to continue supplying out customers as usual until the end of July."
Two weeks have passed since a magnitude 9.0 earthquake and subsequent tsunami rocked eastern Japan, and while a recovery among the country's technology manufacturers has begun, it could be several months before things start to normalize.
The devastating earthquake and tsunami that hit Japan on March 11 took a tragic toll on human life but also rocked markets this week, sending shares of businesses, including technology vendors, on a rollercoaster ride.
Some Japanese chip makers are starting to pick themselves up and resume operations in the earthquake and tsunami-torn northeast.
Prices of widely used chips, including NAND flash memory and DRAM, have both risen sharply since the 9.0-magnitude earthquake struck and hurled tsunami waves at the northeastern part of Japan.