Hitachi faces $1.1B loss due to Renesas
Keywords: microchip electronics makers joint venture hard drives
[Summary of tips] Japan's biggest electronics maker, Hitachi Ltd, now faces an annual net loss of more than Rs.5,504.00 crore ($1.1 billion) instead of a previously forecast profit, hurt by a sharp decline in microchip sales. A growing number of major Japanese electronics makers are expected to suffer big losses for the year ending in March, as ......|
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