Toshiba 2000 Annual Report Download - page 21

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19
B2B Internet services is a key area where
Toshiba is developing new system-related busi-
nesses. In Japan, the company is enabling a
shift to “e-government” with G-EC Solution, the
world’s first dedicated system for government
and administration. It brings the power of IT to
processing applications, document storage and
many other tasks. As it simplifies procedures
and enhances public access, G-EC Solution also
yields major gains in efficiency and reliability.
Marketing activities began in June 1999.
In telecommunications, Toshiba cemented its
leadership in network protection and manage-
ment equipment for submarine cable commu-
nications by delivering systems for the new
backbone cable linking China and the U.S. The
company also developed a high-speed Broad-
band Wireless Access System that is expected to
generate strong global demand. Early customers
include Sony Corporation.
Fiscal 1999 saw Toshiba continuing to
respond to the prolonged slump in Japan and
to fierce international competition with measures
to bolster its industrial systems sector. Key
moves included:
■The sale of the domestic ATM business to Oki
Electric Industry Co., Ltd., in April 1999.
■The May 1999 start-up of full-scale operations
at Toshiba Schneider Electric Ltd. This joint-
venture with France’s Schneider Electric S.A.
is increasing sales of low-voltage power
distribution and control devices, such as
contactors and circuit breakers.
■The integration of Toshiba and Mitsubishi
Electric Corporation’s motor businesses in
TMA Electric Corporation. The company started
developing and manufacturing of high-capacity
industrial electric motors in October 1999,
and has the scale, technology and cost
advantages essential for competing globally
with large overseas competitors.
As Japan prepares
for the start of
digital terrestrial
broadcasts in
2003, the govern-
ment selected
Toshiba to develop and supply equip-
ment for six of the ten experimental
systems that have been set up
nationwide.
The features for
tracking buying patterns
and supporting fast
inventory adjustment that
Toshiba TEC Corporation builds into
its POS systems have earned the
company market leadership in Japan.