Staff writer
Toyota Motor Corp. will not withdraw from or scale down its telecom business, despite recent sales of its shares in International Digital Communications Inc. and intensifying competition in the industry, according to a Toyota executive in charge of information technology business.
"If you cannot view things from a long-term perspective, you should leave this business," Susumu Miyoshi, a senior managing director and a board member at Toyota, said in a recent interview with The Japan Times.