Toshiba to focus on lucrative industries
By Lyu chang and Zhang min in Tianjin and Ma Si in Beijing | China Daily | Updated: 2016-07-01 07:50
Japanese firm sees great potential in China's growing nuclear power and robotics sectors
Toshiba Corp plans to write down its personal computer investment in China after the spinoff of its home-appliance division, as it aims to focus on more lucrative sectors, such as nuclear power and robotics.
"Our PC business is not doing well, and it seems to be on a downward trend, so we are trying to narrow the business and focus on other sectors with high potential," Shiro Saito, corporate senior vice-president of the Tokyo-based company, told China Daily in Tianjin.
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