Toshiba eyes over 10 pct of lithium-ion battery mkt

Newswire

By Kentaro Hamada KASHIWAZAKI, Sept 29 (Reuters) - Japan's Toshiba Corp said on Wednesday it is aiming for a more than 10 percent share of the rechargeable battery market in five years, eyeing a sizable chunk of the surging but competitive sector. Appetite for batteries to power hybrid, plug-in hybrid and electric vehicles is growing rapidly worldwide, and Toshiba has made the business one of its focus areas to help boost the company's growth and weather the impact of volatile prices for ...

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