Toshiba drops sales target for HD DVD players
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Toshiba has lowered its sales target for high-definition DVD players on slower-than-expected sales in the U.S., putting a damper on the prospects in one of its growth businesses.
The Japanese electronics group now expects to sell 1 million next-generation optical disc players and recorders in North America by the end of calendar 2007, down 44 percent from its previous estimate of 1.8 million unit sales, a Toshiba executive said Tuesday.
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