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Toshiba says to invest $1 billion in Southeast Asia over next five years

Toshiba says to invest $1 billion in Southeast Asia over next five years

TOKYO (StartName) – Japan’s Toshiba Corp <6502.T> said on Wednesday that it plans to invest $1 billion in Southeast Asia over the next five years to expand its business in the region.

Toshiba said in a statement that it aims to double its sales in the region to $7 billion over the same time period.

(Reporting by Chris Gallagher; Editing by Edmund Klamann)

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