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March 13th, 2008 @ 07:18
The Nikkei’s reporting the Toshiba is likely to write down just under $1 billion in its failed war on Blu-ray. The company has refused to comment on the report, which has hit the firm’s share price to the tune of 2.3 percent. Toshiba is still expected to post a 250 billion yen operating profit for the year, despite the decision to ditch HD-DVD.
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