Wednesday, March 19, 2008 6:30 pm | 
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Toshiba slashes outlook on chips and HD DVD pullout
Electronics maker Toshiba cut its annual pretax profit outlook by 29 percent on Wednesday, hit by falls in prices of NAND flash memory chips and the cost of pulling out of next-generation DVDs.
[REUTERS]
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While low-cost carriers have since long been successfully operating throughout the U.S., Europe, and southern Asia, Japan has seen very little of the low-price action.
