Toshiba will sell less than expected this year. Masahiko Fukakushi, the company’s vice president, said on Wednesday, 27, that the forecast of 16 million televisions sold should not be met.
The fall is between 10% and 20%, according to Reuters. According to the executive, this is mainly due to unfavorable market conditions.
The company is likely to report losses in the six-month period ending in September, but it is expected to resume operations in the next six months.