According to an article on Reuters Toshiba is aiming to become the market leader when it comes to DVD recording. The Japanese company, which was involved in the invention of the DVD, is active in many markets, but is currently struggling due to the weak economy.
Japanese electronics conglomerate Toshiba Corp. said on Friday it was aiming to double its group operating profit and become the world's leader in DVD recorders under a three-year business plan. |
Japan's biggest chip maker said it would reshuffle its operating divisions and shift its home appliance business to a new subsidiary, but it stopped short of a major shake-up.
"At this time we are not planning any major operational reforms," Toshiba President Tadashi Okamura told reporters.
Since the onset of the IT slump more than two years ago, Toshiba has cut 10 percent of its work force and exited the computer memory chip business, where it was once a world leader.
But many analysts say the company, with a product line ranging from microprocessors to nuclear power equipment, still has some unprofitable operations that it should abandon and must further sharpen its focus on potential growth areas.
Currently Toshiba DVD readers are widely known because they have very good error correcting abilities which make them perform very well when it comes to backing up copy protected discs. Discuss Toshiba drives in our DVD Hardware Forum.
Source: Reuters.com
