Toshiba carried away by chip downslide

This could be the worst year ever recorded....

By Kate Hanaghan, 26 October 2001 12:15

NEWS Japanese chipmaker Toshiba has fallen deep into the red as the worldwide semiconductor industry remains caught in a downslide. The group's half-year losses were JPY123bn (£700m), down from a profit of JPY53.9bn (£300m) in the previous half-year. This puts the world's second biggest chipmaker on the road to its worst year ever recorded.

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