#Toshiba spending billions on #Semiconductor #Microhip R&D

Toshiba is bouncing back from the recession with an vengence, planning to spend billions on semiconductors, microchips and nuclear energy. Look for Toshiba to leverage its financial strengths to ratchet up its worldwide markets over the next decade. R.C.J.


Here's what API says about the effort: Toshiba Corp. unveiled an ambitious three-year agenda Tuesday, aiming to quadruple profits and spend $14 billion to amplify its strengths in semiconductors and nuclear power.
The Japanese conglomerate's business right now is vast, spanning household appliances and computers to health care equipment and industrial machines. But the world has changed since the global financial crisis, and so must Toshiba, said company President Norio Sasaki.
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