Toshiba More Than Doubles Profit Outlook as Yen Drives Sales
Wednesday, September 28th, 2016Toshiba Corp. has raised its forecast for first-half operating profit to 70 billion yen from 30 billion yen previously, crediting growth in storage and electronic devices for a more than doubling of its earnings outlook. The Japanese company cited a weaker-than-expected yen and sales of hard drives and smartphone memory in a statement.
View full post on Computer News