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Toshiba Eyes Fuel Cells, Cell-based TV by 2009

Toshiba Eyes Fuel Cells, Cell-based TV by 2009
Submitted by chconline on Friday, May 9, 2008 - 06:18

From PC World: Toshiba plans to begin mass production of Direct Methanol Fuel Cells by March next year and to have a television based on the powerful Cell microprocessor on sale before the end of the same year, it said Thursday.

The roadmap was revealed when Toshiba outlined an aggressive mid-term management plan that seeks to push sales to ¥10 trillion (US$96 billion) from last year's ¥7.7 trillion and propel operating profit to ¥500 billion from last year's ¥238 billion.

Toshiba has been developing the fuel cells and Cell chip for several years, and their readiness for commercial use coupled with continuing advances in the company's chip-making expertise are expected to be key drivers behind growth in Toshiba's digital products and electronic devices divisions. Toshiba is targeting annual growth of 12 percent in sales and profits for the businesses over the next three years, it said.

View: Article @ Source Site


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