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Japan to move part of hi-tech production to Mexico in wake of disaster

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A number of large Japanese electronics companies damaged by the strong earthquake and tsunami last week plan to move part of their production lines to Mexico in the near future, President of the National Chamber of Electronics Industry Fernando Sierra Ortiz said.

A number of large Japanese electronics companies damaged by the strong earthquake and tsunami last week plan to move part of their production lines to Mexico in the near future, President of the National Chamber of Electronics Industry Fernando Sierra Ortiz said.

Ortiz said the decision to move production lines to Mexico stems from the necessity to immediately renew the production and constant equipping of elements to the North American market.

"The disaster that hit Japan has forced Japanese electronics and computer technologies producers to move part of their production to Mexico where there are already highly qualified personnel. Our proximity to the United States also plays an important role in this as this will significantly decrease production costs," Ortiz said.

He said that by 2013, Mexico would produce $15 billion worth of hi-tech equipment.

According to Japanese authorities, Panasonic has halted production at two plants in Fukushima which produce audio equipment and digital cameras, as well as its plant in Sendai that produces lenses. Canon has closed eight of its plants.

One of the largest producers of photo equipment, Nikon, has temporarily closed five of its lens production plants, including Sendai Nikon, which produces cameras.

Sony has also halted production in several plants, including Sony Shiroishi Semiconductor and Sony Energy Devices, which produces lithium-ion batteries.

MEXICO CITY, March 18 (RIA Novosti)

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