Editing Toshiba (section)

===2000 to 2010===
[[File:Toshibo-Nuon-SD-2300-DVD-Player-Front-1.jpg|thumb|A [[Nuon (DVD technology)|Nuon]], an obscure DVD/Console hybrid, manufactured by Toshiba in 2000.]]
In 2001, Toshiba signed a contract with [[Orion Electric]], one of the world's largest [[Original equipment manufacturer|OEM]] consumer video electronic makers and suppliers, to manufacture and supply finished consumer TV and video products for Toshiba to meet the increasing demand for the North American market. The contract ended in 2008, ending seven years of OEM production with Orion.

In December 2004, Toshiba quietly announced it would discontinue manufacturing traditional in-house [[cathode-ray tube]] (CRT) televisions. In 2005, Matsushita Toshiba Picture Display Co. Ltd. (a joint venture between [[Panasonic]] and Toshiba created in 2002<ref>{{Cite web |last=Administrator |first=System |date=13 October 2002 |title=Consolidating CRTs |url=https://www.theengineer.co.uk/consolidating-crts/ |access-date=8 January 2020 |archive-date=10 August 2020 |archive-url=https://web.archive.org/web/20200810162529/https://www.theengineer.co.uk/consolidating-crts/ |url-status=dead }}</ref>) stopped production of CRTs at its factory in Horseheads, New York. A year later, in 2006, it stopped production at its Malaysian factory, following heavy losses.<ref>{{Cite web |last=Williams |first=Martyn |date=27 July 2006 |title=Panasonic-Toshiba venture to shut Malaysia CRT plant |url=https://www.networkworld.com/article/2305303/panasonic-toshiba-venture-to-shut-malaysia-crt-plant.html |website=Network World}}</ref><ref>{{Cite web |last=Staff |first=C. I. O. |date=27 July 2006 |title=Panasonic-Toshiba Venture to Shutter Malaysia CRT Plant |url=https://www.cio.com/article/2445309/panasonic-toshiba-venture-to-shutter-malaysia-crt-plant.html |website=CIO |access-date=8 January 2020 |archive-date=21 October 2020 |archive-url=https://web.archive.org/web/20201021052759/https://www.cio.com/article/2445309/panasonic-toshiba-venture-to-shutter-malaysia-crt-plant.html |url-status=dead }}</ref><ref>{{Cite web |title=Hitachi, Matsushita, Toshiba cement LCD venture plan {{pipe}} ITworld |url=https://www.itworld.com/article/2811895/hitachi--matsushita--toshiba-cement-lcd-venture-plan.amp.html |website=www.itworld.com |access-date=4 January 2020 |archive-date=13 May 2020 |archive-url=https://web.archive.org/web/20200513103100/https://www.itworld.com/article/2811895/hitachi--matsushita--toshiba-cement-lcd-venture-plan.amp.html |url-status=dead }}</ref> In 2006, Toshiba terminated sales of CRT TVs in Japan<ref>{{Cite web |title=Toshiba to end CRT TV sales in Japan, rebrand LCD range |url=https://www.arnnet.com.au/article/151248/toshiba_end_crt_tv_sales_japan_rebrand_lcd_range/ |website=ARN}}</ref> and production of in-house plasma TVs. To ensure its future competitiveness in the flat-panel digital television and display market, Toshiba has made a considerable investment in a new kind of display technology called [[Surface-conduction electron-emitter display|SED]]. This technology was never sold to the public, as it was not price-competitive with LCDs. Toshiba sold its share in SED Inc. to [[Canon Inc.|Canon]] after Nano-Proprietary, which owns several patents related to SED technology, claimed SED Inc. was not a subsidiary of Canon.<ref>{{cite web |title=Updated: Patent dispute breaks up SED joint venture |url=https://www.eetimes.com/updated-patent-dispute-breaks-up-sed-joint-venture/ |website=EE Times |date=12 January 2007 |publisher=AspenCore, Inc. |access-date=16 December 2022}}</ref>

Before [[World War II]], Toshiba was a member of the [[Mitsui]] Group [[zaibatsu]] (family-controlled [[vertical monopoly]]). Today Toshiba is a member of the Mitsui [[keiretsu]] (a set of companies with interlocking business relationships and shareholdings), and still has preferential arrangements with Mitsui Bank and the other members of the keiretsu. Membership in a keiretsu has traditionally meant loyalty, both corporate and private, to other members of the keiretsu or allied keiretsu. This loyalty can extend as far as the [[beer]] the employees consume, which in Toshiba's case is [[Asahi Breweries|Asahi]].

In July 2005, [[BNFL]] confirmed it planned to sell [[Westinghouse Electric Company]], then estimated to be worth $1.8 billion (£1 billion).<ref>{{Cite news |date=1 July 2004 |title=BNFL plans to sell Westinghouse |work=BBC News |url=http://news.bbc.co.uk/1/hi/business/4640411.stm |access-date=11 June 2007}}</ref> The bid attracted interest from several companies including Toshiba, [[General Electric]] and [[Mitsubishi Heavy Industries]] and when the ''[[Financial Times]]'' reported on 23 January 2006 that Toshiba had won the bid, it valued the company's offer at $5 billion (£2.8 billion). The sale of Westinghouse by the Government of the United Kingdom surprised many industry experts, who questioned the wisdom of selling one of the world's largest producers of nuclear reactors shortly before the market for nuclear power was expected to grow substantially; [[People's Republic of China|China]], the [[United States]] and the [[United Kingdom]] were all expected to invest heavily in nuclear power.<ref>{{Cite news |date=23 January 2004 |title=BNFL to sell US power plant arm |work=BBC News |url=http://news.bbc.co.uk/1/hi/business/4638960.stm |access-date=11 June 2007}}</ref> The acquisition of [[Westinghouse Electric Company|Westinghouse]] for $5.4 billion was completed on 17 October 2006, with Toshiba obtaining a 77 percent share, and partners [[The Shaw Group]] a 20 percent share and Ishikawajima-Harima Heavy Industries Co. Ltd. a 3 percent share.

In late 2007, Toshiba took over from [[Discover Card]] as the sponsor of the top-most screen of [[One Times Square]] in [[New York City]].<ref>{{Cite news |date=3 December 2007 |title=Back in Times Square, Toshiba Stands Tall |work=The New York Times |url=https://www.nytimes.com/2007/12/03/business/worldbusiness/03toshiba.html |access-date=20 November 2011}}</ref> It displays the iconic 60-second [[New Year's Eve|New Year's]] countdown on its screen, as well as messages, greetings, and advertisements for the company. The sponsor of the New Year's countdown was taken over by [[Capital One]] on 31 December 2018. In January 2009, Toshiba acquired the [[Hard disk drive|HDD]] business of [[Fujitsu]].<ref>{{Cite press release |title=Toshiba and Fujitsu reach HDD deal: Nikkei |date=14 January 2009 |publisher=Reuters |url=https://www.reuters.com/article/innovationNews/idUSTRE50D5LN20090114 |access-date=14 January 2009}}</ref><ref>{{Cite magazine |date=17 February 2009 |title=Toshiba to Acquire Fujitsu's Hard-disk Drive Business |url=http://www.pcworld.com/article/159631/article.html |magazine=PC World |access-date=24 December 2012}}</ref>