Toshiba said on Thursday that it has stopped making televisions in Japan, citing slow domestic demand as falling prices, fierce global competition and a strong yen pressure the country’s electronics makers.
The IT-and-engineering conglomerate shuttered production lines at its last remaining domestic TV plant in Fukaya, near Tokyo, at the end of March, a company spokesman told Agence France-Presse.
Toshiba, the maker of the Regza brand of televisions, has shifted all of its television production to factories in China, Indonesia, Egypt and Poland, he said, adding: "The fall in domestic demand is the reason."
(Source: Jakarta Globe )