Declining TV Potential Drives Toshiba Change

Japan's Toshiba announced its strategies for financial years 2012-2014 on May 17, and the decision to restructure its TV business attracted the most attention, especially after local rivals Sony and Panasonic reported weak FY2011/2012 (April-March) results driven by their similarly ailing TV units. With alternative sectors displaying greater revenue growth opportunities, BMI believes that Japanese firms will play an increasing minor role in the global electronics market.

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