https://wccftech.com/toshiba-3-billion-revenue-target-quantum/

Japanese electronics manufacturer Toshiba Corporation has revealed its plans for profiting from cryptographic data protection services. The company hopes to earn $3 billion in revenue from the services by 2030, reports Reuters and it has partnered up with U.S. telecommunications carrier Verizon Communications Inc and British carrier BT Group for this purpose. The trio has already commenced development on what they've termed as Quantum Key Distribution (QKD), and Toshiba's announcement comes as it restructures its businesses to deal with widespread global economic disruption.

Due to a drop in consumer demand and revenues and a changing global business landscape, Toshiba has had to make several changes to its businesses this year. These include shutting down its notebook and television manufacturing divisions, and as evidenced by today's news, targetting sectors less vulnerable to a drop in consumer purchasing power.