Toshiba’s LCD business for three consecutive quarterly loss, saying that Toshiba wish to exit this business segment. The reporter learned from the Toshiba headquarters in Japan confirmed that Toshiba has not done out of LCD business position. Experts believe that LCD is the information industry of food, is expected to Toshiba will not easily give up this piece of business.
Data show that Toshiba’s LCD business in fiscal 2007 loss of 110 million U.S. dollars, in 2008 fiscal year loss of 179 million U.S. dollars, while in fiscal 2009, Toshiba’s LCD business losses have reached 211 million U.S. dollars. Sources said in the January 29, 2010 settlement released the report, Toshiba, executive director of Phu My Hung Muraoka said: “LCD business continued losses, the situation is very serious, the company is taking measures turn losses into profits, which does not rule out withdrawing from liquid crystal display business way, in order to curb the ever-increasing loss. “However, the Toshiba headquarters in Japan denied the claim. But subject to increased competition and other factors, Toshiba-related decline in business performance, it is an indisputable fact.
In the LCD panel and displays the size of the manufacturing sector profitability. Larger the profit the greater the likelihood. Chi Mei, AU Optronics to mergers and acquisitions are a way to expand the scale to increase the competitiveness of enterprises. Appliances analyst Luo Kai, said three consecutive-quarter loss is mainly due to the size of Toshiba’s LCD business is not big enough.
At present South Korea, China Taiwan and domestic enterprises have entered the display market, Toshiba LCD divert a certain market share. However, LCD is the home appliance industry and the IT industry, key components, Toshiba is clearly not easily withdraw from the business. At present, Toshiba’s LCD monitor does not produce LCD panels used in LCD TVs, its production of small-size panels are available for mobile phones, MP3 use.