VIEW EVENT INFORMATION: Toshiba
Toshiba Eats 100 Billion Yen On HD DVD demise
MAR
13
Status: Available Now!
Type: News
Date: Thursday 13 March 2008, 09:04 AM
Media: Techcrunch

SOURCE
About the organization Toshiba:
Type: Business
Sub-Types: Computer, Computer Hardware, Electronics, Electronics Hardware, Telecommunication, Telecommunication Hardware
Notable Organizations: Toshiba, Techcrunch
Toshiba has posted a profit of 250 billion yen, but it could have tacked on another 50 billion to that total had it not been for the demise of HD DVD. The company was already slated to post a 50 billion yen loss for the year, but the demise of its high-def format means production lines changes and other augmentations, which will amount to a 100 billion yen ($1 billion US) loss. I’m…
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