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Tag Archives: Toshiba Losses

Toshiba Expects Staggering Loss

18-Apr-09

After initially projecting a dismal JPY 280B net loss for the year ended March 31, 2009, Japanese electronics conglomerate Toshiba Corp. now expects a staggering JPY 350B loss, the biggest loss in the company’s 70-year history. Toshiba hopes the global economy will turn around soon and spur demand for its semi-conductor chips, but in the [...]