Saturday, March 25, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
LG's Mobile Payment Service Coming Soon
Samsung Backs Away From Restructuring Plan, Gears Up For Galaxy S8 Release
Microsoft Delivers Telemetry-free Windows 10 To China
Samsung Plans To Release New Curved TVs
ASUS STRIX GD30 Gaming Desktop Released
New Alcatel A30 and Moto G5 Plus Available On Amazon
CIA Used Sophisticated Hack Techniques To Apple Devices: WikiLeaks
Samsung Adds 4G LTE Capability to Gear S3 Classic
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Consumer Electronics > Toshiba...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, May 17, 2012
Toshiba Transfers TV Production Outside japan, Foreasts Profits


Toshiba said on Thursday it has stopped domestic production of LCD televisions in the face of price falls. The company also said its annual operating profit is likely to reach 450 billion yen ($5.60 billion) by the business year ending in March 2015.

At a corporate meeting held in Japan today, Toshiba's President Norio Sasaki outlined the company's mid-term management plan, which includes the decision to stop producing LCD TVs in Japan. A similar has already been announced by Hitachi Ltd as Japanese firms struggle to manage with a strong yen.

Toshiba plans to expand to ODMs and has already retired TV production in its Fukaya plant in Japan. Toshiba will try to strengthen its presence in emerging markets with the relese of new advetising campaigns for new TVs and services. Keeping up with the latest technology trends, Toshiba will also expand its cloud-based services for its TVs, promote its 4K2K 3D TVs (both with glasses and glasses-free models) and also keep offering innovative products such as OLED TVs.

Japan's biggest chip maker also said on Thursday its annual operating profit is likely to reach 450 billion yen ($5.60 billion) by the business year ending in March 2015.

In its mid-term business plan, the company also said its capital spending for the three years to March 2015 will be about 1.4 trillion yen and it plans to spend around 1.1 trillion yen on research and development during the same period.

The firm forecast an operating profit for the current year of 300 billion yen last week, buoyed by strong sales of its flash NAND memory chips used in Apple's blockbuster iPhones and iPads.


Previous
Next
Time Warner Cable, Viacom Resolve Legal Disputes        All News        Rakuten Invests In Pinterest
NHK and JVC Develop Super Hi-Vision Projector     Consumer Electronics News      New Pioneer Blu-ray Home Cinema Systems Coming in Europe

Get RSS feed Easy Print E-Mail this Message

Related News
Toshiba Delays Earnings Report, Announces Recovery Plan
Toshiba Informs SK hynix of New Plan to Sell Memory Business
Foxconn Is Bidding for Toshiba Chip Business
Toshiba Starts Sampling 64-Layer, 512-gigabit 3D Flash Memory
Toshiba Books $6.3 Billion Writedown, Chairman Resigns
Toshiba Starts Construction of Fab 6 at Yokkaichi, Japan
Toshiba Announces First MN Series HDDs
SK hynix Bids for Stake in Toshiba's Memory Chip Business
Toshiba Faces New Lawsuits Over 2015 Accounting Scandal
Toshiba to Sell Part Of Its of Chip Unit
Toshiba May Spin Off Its Semiconductor Business
CES 2017: Toshiba Debuts Portege X20W 2-in-1 Convertible

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .