Toshiba's bottom line buoyed by chip market recovery

One-time charge from sale of US LNG business comes off books

20201107N Toshiba

Toshiba sees the pandemic taking a 90 billion yen bite out of operating profit in fiscal 2020. (Photo by Yoshiyuki Tamai)

KEIGO IWAMOTO, Nikkei staff writer

TOKYO -- Toshiba is expected to turn around a year-earlier loss with a net profit of about 4 billion yen ($38.7 million) for the April-September half, as earnings rebound at its main chipmaking affiliate.

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