
Read this: BBC News - Toshiba to halve staff numbers in TV unit

Summary: The changes will also see the firm close two of its three overseas TV manufacturing facilities. Toshiba, like other Japanese TV makers, has been hit by slowing demand, falling prices and increased competition. The company's digital products division, which includes TV manufacturing, saw its losses widen to 16.3bn yen 166m 103m, in the financial year to 31 March, compared with a loss of 3.3bn yen a year earlier. - bbc.co.uk
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