The strong yen said Toshiba is expected to chip business profit

- the largest chip maker Toshiba said on Monday, despite the strong yen, but the company is expected to achieve in the fiscal year ended in March next year, the chip business operating profit reached an estimated $1 billion 200 million, due to selling a new electronic equipment, increased demand for chips.

Toshiba chip business director Kobayashi Kiyoshi said that due to excessive supply of low-quality products, the recent decline in the spot price of NAND chips, but it has little impact on Toshiba.

NAND flash chip demand has been strong, due to the availability of mobile devices such as smart phones and apple iPad.

"The overall strong demand growth has been in line with our expectations for the fiscal year 2010, and we expect China National Day, black Friday (the Friday after Thanksgiving, Christmas and Chinese) during the Spring Festival, the demand will significantly increase. Kobayashi Kiyoshi said. "The damage caused by the strong yen is very serious, and the won will weaken against the yen. So we are facing a very difficult competitive environment. He said in an interview with Reuters, but this does not allow us to change the current profit target. Toshiba was expected in May, 2010/11 chip business operating profit of 100 billion yen (about $1 billion 200 million), revenue of 1 trillion and 210 billion (trillion) yen, the equivalent of the company's total revenue forecast of nearly $20%.

"I have to say, the biggest worry will be 1-3 months of market. Kobayashi Kiyoshi said. If consumers enthusiasm for smart phones and iPad cooling, we will use any possible means, including the reduction of production, to prevent the emergence of oversupply. "