Toshiba says stops making LCD TVs in Japan

Reuters News
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Posted: May 18, 2012 4:14 PM
Toshiba says stops making LCD TVs in Japan

TOKYO (Reuters) - Toshiba Corp said on Thursday it has halted domestic production of LCD televisions in the face of price falls. The decision by Japan's leading chip maker to stop producing LCD TVs domestically follows a similar decision by Hitachi Ltd as Japanese firms struggle to manage with a strong yen.

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(Reporting by Miki Kayaoka and Maki Shiraki; Editing by Michael Watson)