Toshiba Corp. said Friday its net loss widened during the first half due to sharp price reductions in its PC business.
It posted a group net loss of 32.18 billion yen for the April-September period, compared with a 26.41 billion yen loss the previous year. Revenue fell 1 percent to 2.61 trillion yen.
The world's No. 3 laptop computer maker said the steep PC price reductions hurt sales and profits during the period, despite an increase in sales volume.
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