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Toshiba is one of Japan's leading technology companies, responsible for several
important breakthroughs including the development of the laptop computer and DVD video. Although best known outside Japan
for IT and audio-visual products, especially notebook computers and televisions, the group manufactures an extensive
collection of other products ranging from mobile phones to household appliances, and also derives a substantial proportion
of its revenues from electrical engineering in areas such as industrial electronics, power generation, building systems and
traffic control. In recent years, Toshiba devoted considerable time and energy to developing a higher-definition successor
to its original DVD format. However, its proprietary HD DVD system was quickly marginalised by Sony's
competitive and more widely accepted Blu-Ray technology. The group suspended production of HD DVD systems in February 2008.
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Competitors: see Information Technology Sector for other companies
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