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

By Reuters

Sep 24, 2014 04:39 AM EDT

A view shows Toshiba Corp's logo at the fourth International Photovoltaic Power Generation (PV) Expo in Tokyo March 2, 2011. (Photo : Reuters)

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.

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