Update 1. Donations in response to the Japanese earthquake and subsequent tsunami that hit the country on Friday March the 11th, 2011 are starting to appear from semiconductor related firms.
Advantest Corporation said that it will donate 100 million yen (approximately US$1.2 million) for emergency aid to the victims of and for reconstruction in the affected areas.
Also quick to respond today was another equipment supplier, Novellus Systems. The U.S.based supplier said that it was committing US$1 million in relief aid to the victims and families of Friday's earthquake and tsunami in Sendai, Japan.
"Without Japan, the semiconductor industry could not have achieved the technological breakthroughs that have improved the quality of life for so many throughout the world," said Richard S. Hill, chairman and chief executive officer of Novellus Systems. "Furthermore, the success Novellus Systems enjoys today is directly related to the support Japanese companies have given Novellus over the last 20 years. There is no way we can turn a blind eye to such massive devastation. While money will never replace the souls lost in this disaster, it is our hope this donation can help the people of Japan know that they are not alone in their time of need. Our hearts and prayers go out to all the people of Japan for their catastrophic loss."
Mitsubishi Electric Corporation announced it would donate a total of 500 million yen to aid and support victims affected by the earthquake.
Mitsubishi Electric Group will also coordinate a matching gift program, through which the company will match contributions to donations made by employees worldwide. The Mitsubishi Electric Group will also consider donations of company products and other goods.
The Kyocera Group will donate 100 million yen (US$1.22 million) for relief aid and reconstruction to the people and communities. Furthermore, Kyocera and its Group companies both inside and outside of Japan would begin to set up fundraising collections from employees to gather additional aid donations.
Investment bank, Jeffries International, heavily involved in the semiconductor and technology sector in general, said that it would donate all net equity trading revenue for the entire week from its offices in Asia. Second, on Wednesday March 16, Jefferies will donate all net revenues from U.S. and European equity trading.
Jefferies as a firm would also donate US$1 million itself directly. Finally, all 3,099 Jefferies employees will be given the opportunity to donate to the relief effort their salary for the day on Wednesday.
The Fujitsu Group will be donating 100 million yen and relief supplies to support the rescue and recovery efforts.
In addition to addressing the recovery efforts of the disaster-stricken region, the Fujitsu Group is placing high priority to the recovery of affected social systems including electricity, water, gas, hospitals, and police and fire departments, in order to support the local residents and community of the affected areas. Fujitsu asks its customers for their understanding and support at this difficult time.
NEC Corporation said it would donate funds, computers, telecommunications equipment and IT network equipment totalling more than 100 million yen to help relief and recovery efforts in communities affected by the earthquake and tsunami.