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International

Power outage-related production halt costs Toshiba $325 million

August 09, 2019 Reprints

Japan-based Toshiba Memory Corp. said that a power outage forced it to suspend production for one month and caused 34.4 billion Japanese yen ($325 million) in losses, Business World reported. Toshiba said that the power outage occurred at its plant in central Japan in the middle of June. The disruption will continue to affect Toshiba's earnings in the current quarter.

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Power outage-related production halt costs Toshiba $325 million

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