In 2013, we will continue to take additional actions at our SANYO Semiconductor Products Group to reduce the break-even level and return this operating segment to profitability.
Mr Horta-Osorio also said he was "very confident" that taxpayers would recoup their cash, though declined to comment on reports that the government is getting ready to start offloading its stake in Lloyds when shares reach the 61p break-even level.
Tablet makers selling a complete range at that break-even level could ultimately whittle down the market to those who either produced a winning formula at the right time (Apple) or have deep enough content stores and bank accounts to willingly give up large parts of their potential hardware profit (Amazon and Google).