Wednesday, March 04, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
IBM Buys AlchemyAPI
New Toshiba Smartwatch Reference Model features Bluetooth connectivity and Qi Wireless Charging
Samsung Expands Digital Display Portfolio with YESCO Electronics Acquisition
LG To Launch New Flagship Smartphone
Valve Reveals Steam Link Box For Steam In-home Game Streaming
NVIDIA Launches Shield Android Console That Streams PC Games from the Cloud
Sony's Project Morpheus Upgraded, Coming in 2016
Google Says Android Lollipop Does Not Encrypt Data Due To Performance Issues
Active Discussions
Need serious help!!!!
burning
nvidia 6200 review
Hello
Burning Multimedia in track 0
I'm lazy. Please help.
sanyo e6 camera
need help on some cd burning...
 Home > News > Consumer Electronics > Toshiba...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, July 26, 2013
Toshiba to Reform Its TVs and PC Businesses


Toshiba said on Friday it aims to cut a combined 10 billion yen ($100 million) in costs in its television and PC businesses in the year to March 2014 and double that figure in the following year to cope with weak demand.

Last year, Toshiba transferred the LCD TV design and development function from Fukaya Complex in Saitama prefecture to Ome Complex in western Tokyo, Toshiba's development hub for PC and tablets. Concurrently, Toshiba concentrated technical service operations for LCD TVs in Fukaya Complex to a group subsidiary.

Despite these efforts, Toshiba has recorded losses in the LCD TV business for 2 consecutive years. In addition, the PC market is expected to see lower demand, reflecting the growing popularity of smartphones and tablets.

Toshiba plans to increase sales and profit by accelerating profit-focused resource allocation and establishing a business strategy to reduce fixed costs, improve profitability and strengthen the business foundations. It will also seek to promote sales in emerging markets, focusing on B2B business and developing high value-added products.

The Japanese company plans to reduce fixed costs in the LCD TV and PC businesses by approximately 10 billion yen in FY 2013 and approximately 20 billion yen in FY 2014, against FY 2012.

In sales, Toshiba will accelerate resource allocation and hone its market focus, including its business in emerging markets. The company expects to generate 30% of its sales in emerging markets in FY2012 and to boost this figure to approximately 40% in FY2013

In terms of products, Toshiba will expand its line-up of high value-added products in the global market, including large screen 4K LCD TVs, promote the provision of cloud services, and continue to reinforce development of local-fit products in emerging economies. Toshiba will also strengthen its B2B business, including digital signage and LCD TVs for specific sectors.

Toshiba will also draw on its know-how to diffuse its technologies into new business areas, including bringing glasses-free 3D TV technology into medical business.

Toshiba also plans to launch a new line-up enterprise PC products that offer improved security and mobility, and that provide solutions, including energy savings and lower cost asset management, through its client manager utility. The company will also promote business in the education and healthcare markets, in both hardware and software.

In the B2C market, Toshiba will launch strategic high value-added products, such as an Ultrabook with an advanced handwriting function, and expand direct sales through its online shopping site, Toshiba Direct.

Toshiba will also transfer approx. 400 employees, 20% of the total staff working in the LCD TV and PC businesses in Japan, from the design, sales and administrative departments of the LCD TV and PC businesses in Japan to social infrastructure businesses within this fiscal year.

Finally, company will reform the organization of its in-house company, the Digital Products and Services Company on August 1, 2013.


Previous
Next
Samsung Announces Earnings for Q2 in 2013        All News        ASUS Launches RAIDR Express PCI Express-based SSD
UHD TV Panels to be New Focus Area for LCD Panel Makers     Consumer Electronics News      TCL Is Launching Affordable 50-Inch 4K Television

Get RSS feed Easy Print E-Mail this Message

Related News
New Toshiba Smartwatch Reference Model features Bluetooth connectivity and Qi Wireless Charging
Toshiba Develops STT-MRAM Circuit For High-performance Processors
Toshiba Develops Multicore SoC For Image-Recognition Applications
Toshiba Launches 8 Megapixel CMOS Image Sensor for Smartphones and Tablets
Toshiba Introduces New APs For For IoT Solutions
Toshiba Achieves 1Tbit per Square Inch Areal Density in a 2.5-Inch Hard Disk Drive
Toshiba, SK Hynix, To Accelerate Development of Nano Imprint Lithography
Toshiba Announces Encrypted USB Flash Drive
Compal To Take Over Toshiba's TV Business
Toshiba Reorganization to Strengthen IoT-Related Business
Toshiba Develops Cloud System for Instantaneous Remote Control of One Million Devices
Toshiba Launches NFC Built-in SDHC Memory Card

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .