AfterDawn: News

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.

Written by: Andre Yoskowitz @ 2 Feb 2010 15:41

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• 11 comments

• Josipher

  note to self: dont buy a toshiba LCD

  2.2.2010 18:38 #1

• 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...

  2.2.2010 19:09 #2

• blankets

  i like the LCD production!
  

  Blankets
  Fleece Blankets
  Plush Blankets
  Embroidered Blankets
  Promo Blankets
  Promotional Blankets
  Custom Blankets

  2.2.2010 20:56 #3

• Josipher

  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.

  2.2.2010 21:24 #4

• flyness

  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

  2.2.2010 21:50 #5

• Josipher

  lol now i found it.. XD

  2.2.2010 21:57 #6

• cyprusrom

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

  2.2.2010 22:33 #7

• miketrev

  LOL, good effort though Josipher

  3.2.2010 06:42 #8

• TVsales

  Here's the CORRECT story...
  
  http://smarthouse.com.au/TVs_And_Large_Display/LCD/J6L8R3E2

  3.2.2010 11:11 #9

• Josipher

  >< 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

  3.2.2010 16:18 #10

• tmweber48

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

  5.2.2010 18:11 #11