InternetMemory Chips Tumble Toshiba to Loss

Hardware maker banking on other areas such as PCs for gains.

Japanese electronics maker Toshiba made its first quarterly loss in three years as memory chip prices fell and sales of chips used by Sony slowed, but it kept its year outlook above market expectations. Toshiba Corp, the world's No. 2 maker of NAND flash memory chips behind South Korea's Samsung Electronics, said on Tuesday it aimed to hit its full-year operating profit target of $2.70 billion by pushing its power systems, PCs, elevators and other products in the following quarters. "Toshiba's full-year targets are too ambitious," said an analyst at a Japanese asset management firm who asked not to be named because he was not authorized to speak to the media. "Its chips will probably post a loss in April-September, and I am betting it's going to have to revise down its outlook -- maybe in September or October." Toshiba, which also makes nuclear reactors and LCD TVs, was hit by high startup costs on new system chip lines it bought from Sony and sluggish sales of chips used to control the PlayStation 3 game console, flat-screen TVs and digital cameras. RELATED ARTICLES Toshiba Tosses 'Hail Mary' With Super Bowl Ad Toshiba Bows Wireless Installation Services Worldwide Semiconductor Market Inched up in 2007 Toshiba Joins Solid-State Notebook Drive Push Infineon, Micron Team on 'CellularRAM' Chips For more stories on this topic: Those hits came just as Toshiba battles chronic price falls in NAND memory -- used to store... [ Read more on www.internetnews.com ]

InternetBT Buys Voice Software Startup

Big payday for startup that wants to spread voice across the Web.

InternetHP, Intel and Yahoo To Research Cloud Computing (NewsFactor)

NewsFactor - Industry giants Hewlett-Packard, Intel and Yahoo announced Tuesday a joint project to research large-scale cloud computing, the ability to use applications, servers, storage and other computing services on the Internet without hosting, maintaining or configuring them locally. Early cloud applications include desktop office suites, but have rapidly grown to include enterprisewide services such as storage and network management. What's in the Cloud?