Toshiba Corp. said Tuesday it will step up overseas research and development operations in digital consumer products by establishing a wholly owned subsidiary for embedded software in Vietnam in June.
The electronics conglomerate will establish Toshiba Software Development (Vietnam) Co. as its core overseas development center for embedded software for digital appliances and mobile phones.
The subsidiary, located in Hanoi with capitalization of $500,000, will start operations next month with about 20 locally hired employees. It plans to increase the number to 300 by 2010.
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