Toshiba sees FY08 operating loss of 280 bil. yen, 1st red ink in 7 yrs

Toshiba sees FY08 operating loss of 280 bil. yen, 1st red ink in 7 yrs

TOKYO, Japan - Toshiba Corp. President Atsutoshi Nishida bows at the end of a press conference at the Tokyo Stock Exchange on Jan. 29. The struggling Japanese electronics giant said it will lay off 4,500 temporary workers in its loss-making semiconductor and liquid crystal display businesses and it expects to incur group net and operating losses of 280 billion yen each for fiscal 2008 through March, its first red-ink figures in seven years.

  • Product Code
  • ILEA001131654
  • Registered date
  • 2009/1/29 00:00:00
  • Credit
  • Kyodo / Kyodo News Images
  • Media source
  • 2009 Kyodo News
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  • 1629 × 1303 pixel
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  • 240 dpi
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