Toshiba revises up H1 forecast on solid memory chip sales


  • TECH
  • Wednesday, 28 Sep 2016

Denying reports: The Sankei newspaper said Toshiba is planning to pull out of PCs.

TOKYO: Japan's Toshiba Corp said on Sept 28 it expects to post a bigger first-half profit than previously forecast as memory chip prices have climbed on rising demand for smartphones.

The electronics conglomerate is trying to recover from a US$1.3bil (RM5.38bil) accounting scandal that had unmasked underperforming operations.

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