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Tech Trends

Toshiba to Close Three Chip Plants as Demand Slacks for TVs & PCs

December 1, 2011 by Ted Leave a Comment

Toshiba Logo<November 30, 2011> Toshiba Corporation said today in Tokyo that it will close three of its six factories in Japan producing so-called discrete or single-function chips which are widely used in the electronics business. A very competitive part of the chip business, Toshiba has struggled to maintain profits in this division as competitors such as Samsung put downward pressure on the pricing – and profits – for these chips. [Read more…] about Toshiba to Close Three Chip Plants as Demand Slacks for TVs & PCs

Filed Under: Asian Connection, Industry Trends, Manufacturers, News, Pivot Point, Strategy, Tech Trends Tagged With: Bloomberg, factory closing, Toshiba

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