[ad_1]
Toshiba on Wednesday posted an sudden working loss within the first quarter because it grappled with a pointy rise in logistics and uncooked materials prices in addition to a worldwide chip scarcity.
Chief Monetary Officer Masayoshi Hirata advised reporters that the conglomerate’s first quarterly loss in two years got here amid jumps in costs for metal, copper in addition to parts sourced from suppliers.
In a time of each misinformation and an excessive amount of info, high quality journalism is extra essential than ever.
By subscribing, you’ll be able to assist us get the story proper.
SUBSCRIBE NOW
PHOTO GALLERY (CLICK TO ENLARGE)
[ad_2]
Source link
