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Toshiba Getting Out Of Cable Modem Business

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.