Toshiba Getting Out Of Cable Modem Business

Toshiba is reportedly going to be dropping out of the cable modem business due to very low margins.

Toshiba became one of the first two vendors to receive CableLabs certification for a DOCSIS modem in March 1999 and will become the second major vendor to exit the market following 3Com’s exit of three years ago, according to a report by Kinetic Strategies.

Toshiba was second behind Motorola in cable modem shipments in North America, with 13.9% in the first quarter, the report stated. The global DOCSIS cable modem market in the first quarter exceeded four million units, with a growth of 15% from the fourth quarter of 2003.

Read more at DigiTimes.