- In order to prop up its capital base, Toshiba announced that it plans on raising $300 billion dollars by selling more stock. This undoubtedly will reduce the value of its current stock, and upset its current shareholders. Its capital adequacy ratio, which measures its financial health, dwindled from 17.2% to 11.9%. This low rating causes financial institutions to raise the interest rates it charges for loans to these companies.
- Toshiba, at the Yokohama Flat Panel Display International show in Japan, showed a prototype of HDTV wallpaper, where television images were displayed on an entire wall. The wall was covered with OLED (organic light emitting diode) technology. Toshiba said the technology could also be used just for lighting, negating the need for overhead fluorescent fixtures to provide lighting at work. Unknown when Toshiba will actually start selling these products.
- Toshiba announced two new color MFPs, the eSTUDIO 5530C and 7030C. Details:
- These units are actually made by Ricoh (are relabeled Aficio color MFPs)(this is odd as Toshiba just introduced three new color MFPs in the same speed range that they actually make), but more surprising is why Ricoh would let this happen when Ricoh products are over distribted as it is. Could be there was an OEM agreement in place for "x" amount of years and "x" amount of boxes.
- Replace the existing Toshiba eSTUDIO 4500C & 5500C models (which were also made by Ricoh)
- 5530C offers 55ppm color and 60ppm b/w
- 7030C offers 70ppm color and 75ppm b/w
- Configuration and pricing info same as what Ricoh offers
- Toshiba announced it won a bid to build two different nuclear reactors in the state of Texas. Expected completion in the year 2016.
- Toshiba settled a class action lawsuit that was brought by 265,000 end users who purchased a Toshiba HDTV set. The suit charged that the DLP bulbs failed prematurely, forcing customers to spend hundreds of dollars to repair.
This information was gathered from various trade publications
No comments:
Post a Comment