Toshiba raised its revenue forecast

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POSTER: computer news   ||   TOSHIBA RAISED ITS REVENUE FORECAST	DATE:2016-11-01
According to forecasts, by the end of year price of 4-GB,  DRAM memory strip reaches the two-year high, which is equivalent to an increase in cost by about 30% compared with the beginning of the summer prices.  Similar processes, but for other reasons occur with flash memory NAND-type.  Rising prices for flash memory cards smaller, but promises to make in similar terms up to 15%. A month ago, the growth of revenue over the expected reported company Micron.  Today on such reports, the Japanese company Toshiba.  In the second half of the 2016 fiscal year, which ended in April 2017, the company raised its revenue forecast to 2.55 trillion yen to 2.58 trillion (up to $ 24.6 billion).  At the same time operating revenue promises to jump by 36% - to 95 billion yen (about $ 906 million).  And all this thanks to a successful business optimization, sales growth and memory prices, and strong demand for the company's hard drives.  The company reported that the HDD Toshiba in high demand for use in game consoles, for which, it seems, have to thank the former HDD-business Western Digital for the production of 3.5-inch drives, which is the division of Hitachi GST. This improved outlook is the second of August, when the company first time in the last six quarters reported a return to profit from operations.  Before there were some losses.  During this time, Toshiba has closed a number of areas, cut thousands of jobs and saw the light at the end of the tunnel.  Its shares began to rise in price on the stock exchange, and the net profit for the second half of the year promises to grow from 85 billion yen to 115 billion. Related Products :

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