Thursday, December 08, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Apple In Talks With Hollywood For Early Movie Rental
Bluetooth 5 Technology Brings Advancements In Terms Of Range, Speed And Capacity
Global Virtual Reality Association Established To Promote VR
Fitbit Acquired Assets from Pebble
GIGABYTE Announces Xtreme Gaming Peripherals, Including A Gaming Chair
Scythe Releases Improved Mugen 5 CPU Cooler Armed With Kaze Flex 120 Fan
Qualcomm Begins Sampling The 48- Core, 10nm Centriq 2400 Server Processor Family
Could Future Intel Chips Have AMD Graphics Inside?
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 Expands 3D Flash Memory Production Capacity In New Fabrication Facility at Yokkaichi
Toshiba Advances Deep Learning with Extremely Low Power Neuromorphic Processor
Toshiba's Voice Recognition Technology Can Distinguish Multiple Individual Speakers Without Training
Investors Sue Toshiba Over Accounting Scandal
Toshiba Starts Testing System For Future Self-driving Cars
Toshiba, Tohoku Electric and Iwatani Start Study of World?s Largest Hydrogen Energy System
Toshiba Introduces the Value-oriented OCZ TL100 SATA SSD Series
Toshiba Expands 24nm SLC Flash Family with 16Gb Offering
Toshiba Introduces the OCZ VX500 SATA SSD Series
Toshiba to Implement Eyefi Connected Features in Next FlashAir SD Cards
Toshiba Debuts Flashmatrix Technology
Toshiba Announces New BG SSDs with 3-Bit-Per-Cell TLC BiCS FLASH

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .