Toshiba Corp. said Thursday it is aiming for ¥750 billion in TV sales in the fiscal year ending March 2011.
Japan's fourth-largest maker of liquid crystal display TVs is targeting a 10 percent share of the global market for LCD TVs in fiscal 2010, up from 8 percent in the 12 months started April 1, Toshiba said.
It plans to introduce new models that offer high-definition images, built-in storage for digital programs, and Internet capability.
Toshiba's television business will turn profitable this fiscal year, after a ¥10 billion loss in the previous period, the Tokyo-based company said in May, without giving a specific profit figure.
Revenue from personal computers, mobile phones and flat-panel televisions will climb 5 percent to ¥3.1 trillion this fiscal year, Toshiba said in April. Operating profit, or sales minus the cost of goods sold and administrative expenses, will jump to ¥70 billion, from ¥15 billion.
Sales of digital products, such as LCD TVs, personal computers and mobile phones, will gain 39 percent to ¥4.1 trillion in the 12 months to March 2011, the company predicted in May.
The division accounted for 36 percent of total sales in the 12 months ended March 31. Toshiba is Japan's largest chip maker.