Toshiba to cut 7,000 jobs in PC and TV units, sees full-year loss

Reuters - December 20th, 2015

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The laptops-to-nuclear conglomerate said it would also sell its TV manufacturing plant in Indonesia.

Due to costs of restructuring, which also include the sale of its TV manufacturing plant in Indonesia, Toshiba said it expected a net loss of around 550 billion yen ($4.53 billion) in this fiscal year ending in March.

(Reporting by Makiko Yamazaki; Editing by Nick Macfie)

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