Opnext (OPXT) says it relocated production out of Thailand to manufacturing facilities in Japan...

|By:, SA News Editor

Opnext (OPXT) says it relocated production out of Thailand to manufacturing facilities in Japan and California as one of its main contract manufacturers remains down due to flooding damage. The firm warns that the loss of production capacity will have a "significant impact" on its operations and ability to meet customer demand for the remainder of FY11. Shares -2.8% premarket.