The company's prospects are dim. Scrapping its efforts in the HD DVD arena. Sony Corp.'s Blu-ray won the next-generation DVD war against Toshiba's HD DVD technology.

The NAND flash market is in a major downturn. Toshiba's digital products, including disk drives, cell phones, and TVs, are in the red, even its nuclear power business is failing to fuel anticipated growth.

''Given the strong headwinds facing the consumer in North America and other western geographies, we believe it will be a challenging environment over the next year for Toshiba's NAND business, as well as other consumer electronics areas such as notebook PCs, small LCDs, HDDs, and cell phones.''

__________________
Danny
DVD News Editor
http://www.dvd-and-media.com