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February 3, 1988


By CBR Staff Writer

Toshiba Corp executives called a meeting late last month to announce that the company intends to raise overseas output to 15% of its total within three years, up from the current 9.3%: overseas production is currently carried out at nine locations, notably in California, Tennessee, Southeast Asia and West Germany; the company declares that its overseas production is high compared with other heavy electrical manufacturers, and notes that 12% of the semiconductors it uses are bought from foreign manufacturers; although its medical equipment is being shunned by US healthcare organisations as a result of the Toshiba Machine scandal, the company still expects to see an increase in profits in the current fiscal year – which ends on March 31 from sales of semiconductors and laptops.

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