December 1 news, according to foreign media reports, Toshiba announced on Wednesday that the company will close next year's six independent chip production plants in three production plants, while reducing the output of certain types of chip products, due to the European and American market PC Demand for televisions continues to decline.
The independent chip is a relatively simple semiconductor product widely used in various electronic products such as audio and video equipment, automobiles, and telephones.
Toshiba plans to close the three chip manufacturing plants in the first half of the new fiscal year that began in April 2012 with the aim of cutting costs. Due to the continuous appreciation of the yen, Japanese electronics manufacturers are in an unfavorable position in the international market.
JP Morgan analyst Yoshiharu Izumi said: "This is mainly because market demand is too weak." He added that this news may have a negative impact on Toshiba's share price.
He said: "With the appreciation of the yen, domestic TV makers, especially Sony and Panasonic, have reduced their orders and the global PC sales market is not booming." He said that Toshiba has a strong dependence on Nokia in the mobile phone chip sales business.
Toyota Motor Corp. issued a statement saying that starting from the end of this year, the company's Oita production plant will temporarily suspend the production of analog chips and image sensors. Himeji's production plant will temporarily suspend the production of independent chips, and the production facility at Kita Kyushu will temporarily suspend production. Image chip. Toyota Motor Corp. said that productivity will decline from the end of November.
Toshiba shares fell 1.1% on Wednesday, closing at 347 yen per share, underperforming the Nikkei Stock Index.
The independent chip is a relatively simple semiconductor product widely used in various electronic products such as audio and video equipment, automobiles, and telephones.
Toshiba plans to close the three chip manufacturing plants in the first half of the new fiscal year that began in April 2012 with the aim of cutting costs. Due to the continuous appreciation of the yen, Japanese electronics manufacturers are in an unfavorable position in the international market.
JP Morgan analyst Yoshiharu Izumi said: "This is mainly because market demand is too weak." He added that this news may have a negative impact on Toshiba's share price.
He said: "With the appreciation of the yen, domestic TV makers, especially Sony and Panasonic, have reduced their orders and the global PC sales market is not booming." He said that Toshiba has a strong dependence on Nokia in the mobile phone chip sales business.
Toyota Motor Corp. issued a statement saying that starting from the end of this year, the company's Oita production plant will temporarily suspend the production of analog chips and image sensors. Himeji's production plant will temporarily suspend the production of independent chips, and the production facility at Kita Kyushu will temporarily suspend production. Image chip. Toyota Motor Corp. said that productivity will decline from the end of November.
Toshiba shares fell 1.1% on Wednesday, closing at 347 yen per share, underperforming the Nikkei Stock Index.
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