Thursday, May 17, 2012

Toshiba stops domestic LCD TV production

Toshiba has halted production of LCD televisions in Japan due to falling demand, a spokesman has told the the BBC.
The producer of Regza brand TV sets said it had stopped operations at its only domestic manufacturing plant in Fukaya, Saitama Prefecture.
Toshiba has other LCD TV factories in Poland, Egypt, Indonesia and China.
Japanese electronics firms are struggling with a shrinking TV market and competition from South Korea.

Read more: BBC News


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