Breaking News

BIOSTAR INTRODUCES DDR5 16GB UDIMM 4800MHz/5600MHz MEMORY GAMEMAX Launches NEX C51 and NEX C31 Panoramic PC Cases G.SKILL Officially Commences World Cup 2026 Overclocking Competition with $40,000 USD Total Prize Pool Sharkoon announces SKILLER SGK55W Western Digital Accelerates Storage Innovation for AI Era

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Toshiba Reports Q1 Loss on Weak PC, TV Sales

Toshiba Reports Q1 Loss on Weak PC, TV Sales

Enterprise & IT Sep 14,2015 0

Toshiba on Monday reported a first-quarter loss on weak PC and TV sales, adding extra pressure to the Japanese company in light of a $1.3 billion accounting scandal. The company reported an April-June operating loss of 10.96 billion yen ($91 million) compared with a 47.7 billion yen profit a year earlier.

The announcement came a week after it reported a 37.8 billion yen net loss for the last financial year through March . It also said it had overstated profits going back to fiscal 2008/09 by 155 billion yen.

Quarterly revenue fell 5 percent from a year earlier to 1.35 trillion yen, led by a decline in PC and TV sales.

Chief Executive Masashi Muromachi said last week he was looking to restructure weak operations and reconsider strategies announced by his predecessor, who stepped down amid the scandal in July.

Tags: Toshiba
Previous Post
Google Hires New Head Of Its Autonomous Car Unit
Next Post
Technicolor and Sony Form Joint Patent Licensing Program for Digital Television and Computer Display Monitor

Related Posts

  • Asustor AS5404T 4-Bay NAS System

  • Toshiba Storage Trends 2026

  • Toshiba launches S300 AI surveillance HDD for AI-driven video applications

  • Toshiba First in Industry to Verify 12-Disk Stacking Technology for Hard Drives

  • Toshiba Canvio Flex 2TB

  • Toshiba expands storage evaluation services in EMEA with new HDD Innovation Lab

  • Toshiba Unveils New Canvio Flex and Canvio Gaming 2.5” Portable Hard Drives

  • Toshiba Collaborates with PROMISE Technology on Providing the Optimal Data Storage Technology for CERN’s Large Hadron Collider

Latest News

BIOSTAR INTRODUCES DDR5 16GB UDIMM 4800MHz/5600MHz MEMORY
PC components

BIOSTAR INTRODUCES DDR5 16GB UDIMM 4800MHz/5600MHz MEMORY

GAMEMAX Launches NEX C51 and NEX C31 Panoramic PC Cases
Cooling Systems

GAMEMAX Launches NEX C51 and NEX C31 Panoramic PC Cases

G.SKILL Officially Commences World Cup 2026 Overclocking Competition with $40,000 USD Total Prize Pool
PC components

G.SKILL Officially Commences World Cup 2026 Overclocking Competition with $40,000 USD Total Prize Pool

Sharkoon announces SKILLER SGK55W
PC components

Sharkoon announces SKILLER SGK55W

Western Digital Accelerates Storage Innovation for AI Era
Enterprise & IT

Western Digital Accelerates Storage Innovation for AI Era

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

Terramaster F8-SSD

Terramaster F8-SSD

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Soundpeats Pop Clip

Soundpeats Pop Clip

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed