Toshiba said it aimed to hit its full-year operating profit target of 290 billion yen ($2.70 billion) by pushing its power systems, PCs, elevators, and other products in the following quarters.

Toshiba, which also makes nuclear reactors and LCD TVs, was hit by high start-up costs on new system chip lines it bought from Sony and sluggish sales of chips used to control the PlayStation 3 game console, flat TVs and digital cameras.

Those hits came just as Toshiba battles chronic price falls in NAND memory -- used to store data in digital music players, digital cameras and mobile phones -- that have taken its share price down 29 percent since a peak in early June.

"It's true that our forecast -- as a target -- has become harder to reach," Corporate Executive Vice President Fumio Muraoka said at a news conference.

But Muraoka said he expected NAND price falls to ease to a 15 percent decline in July-September from the previous quarter, against a 20

By: DocMemory
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