Japanese Electronics Industry Takes a Hit
Prices on computer memory chips nose-dived recently, cutting sharply into group profits for some of Japan's leading makers of electronic products.
Toshiba Corp.,
Fujitsu Ltd. and
Mitsubishi Electric Corp. posted lackluster earnings but predicted better results for the coming year, anticipating growth in network computing and sales of PCs.
Mitsubishi was hit particularly hard last year when prices for 16-Mb dynamic random access memory chips plunged 80 percent, just as the company was boosting capital investment in a German unit that produces the chips. As a result, Mitsubishi said it would be difficult to post a profit in fiscal 1997/98. Fujitsu and Toshiba predicted their chip divisions would return to profitability in the current business year.
LATEST NEWS
- Exail Signs LLNL Contract, Partners with Eelume
Apr 26, 2024
- Menlo Moves U.S. HQ: Week in Brief: 4/26/2024
Apr 26, 2024
- Optofluidics Platform Keys Label-, Amplification-Free Rapid Diagnostic Tool
Apr 25, 2024
- DUV Lasers Made with Nonlinear Crystals Enhance Lithography Performance
Apr 25, 2024
- Teledyne e2v, Airy3D Collaborate on 3D Vision Solutions
Apr 24, 2024
- One-Step Hologram Generation Speeds 3D Display Creation
Apr 24, 2024
- Innovation Award Winners for Laser Technology Honored in Aachen
Apr 23, 2024
- Intech 2024: AI Arrives on the Shop Floor
Apr 22, 2024