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Toshiba to get out of LCD production business?

Written by Andre Yoskowitz (Google+) @ 02 Feb 2010 15:41 User comments (11)

Toshiba to get out of LCD production business? Toshiba has hinted this week that it may be leaving the LCD production business, a way to curb ever-increasing losses.
Corporate senior executive VP Fumio Muraoka says the strong yen, steep price declines in the units, and shrinking demand may lead to Toshiba needing to leave the business.

Toshiba Mobile Display posted an operating loss of $211 million USD for the months of April to December 2009, which followed losses of $180 million and $110 million for the division for the same periods in 2008 and 2007.

The division used to be a partnership with Panasonic but Toshiba bought out the entire stake in March.

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11 user comments

12.2.2010 18:38

note to self: dont buy a toshiba LCD

22.2.2010 19:09

This article relates to Toshiba's MOBILE DISPLAY division for cell phone & GPS displays only. The LCD TV division is a totally seperate entity and continues on as strong as ever...

32.2.2010 20:56
blankets
Inactive

i like the LCD production!

This message has been edited since its posting. Latest edit was made on 02 Feb 2010 @ 20:57

42.2.2010 21:24

Originally posted by TVsales:
This article relates to Toshiba's MOBILE DISPLAY division for cell phone & GPS displays only. The LCD TV division is a totally seperate entity and continues on as strong as ever...
i dont see any indication in the article that states its about the mobile display division.

52.2.2010 21:50

Quote:
Originally posted by TVsales:
This article relates to Toshiba's MOBILE DISPLAY division for cell phone & GPS displays only. The LCD TV division is a totally seperate entity and continues on as strong as ever...
i dont see any indication in the article that states its about the mobile display division.
Are you serious?! Even after you quoted where it says Toshiba's MOBILE DISPLAY division

62.2.2010 21:57

lol now i found it.. XD

72.2.2010 22:33

^^^^LO:)LZ^^!!!

83.2.2010 6:42

LOL, good effort though Josipher

103.2.2010 16:18

>< hehe in my defense(not that this is a great defense) i was up all night working on a paper for college..these things happen :P

115.2.2010 18:11

Note to Self: Don't buy a Toshiba cell phone....or other mobile product.
Jeez....I crack me up!! I gotta million of em.

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