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Bosch: Japan will continue until the second half of the disaster impact

According to Reuters, the German auto parts supplier Bosch (RobertBosch) recently said that the company expects 3.11 earthquake and tsunami in Japan on the global supplier of automotive components will continue for several months until the second half of 2011.

    Bosch Automotive Technology Group, chairman of End • Ball (BerndBohr) recently said: "Japan's disaster on the impact of auto parts suppliers will continue until the second half of 2011." He also said that the normal operation of global supply chain, the main bottleneck in the semiconductor industry.

    Previously, Bosch CEO Fulangcifei Run Bach (FranzFehrenbach) has said that the development of the Japanese disaster impact on the global economy will be temporary, the company's 36 factories in Japan are only minor damage. He also said it expects 2011 global auto production will rise 7%.

    Last week, Bosch reiterated the company's sales target this year is to break through 50 billion euros (about 72.39 billion U.S. dollars) mark.
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