Toshiba, Toshiba TEC Report Latest Financial Results
Toshiba reported net profits of ¥1.02 trillion ($9.16 billion) for the quarter, up from ¥50.33 billion a year before, as it received ¥966 billion in gains from the sale of the memory business.
Tagged: Toshiba Corporation
Sharp Cancels Share Sale
Citing current U.S.-China trade tensions, Sharp Corporation of Osaka, Japan, has cancelled its bid to raise capital by selling new......
Sharp Purchasing Toshiba’s PC Business
Toshiba Corporation of Tokyo, Japan, announced today that it is selling 80.1 percent of its shares in its PC business,...
Toshiba Completes Sale of Memory Business to Bain Consortium
The Bain-led consortium includes Apple Inc., SK Hynix, Dell, Seagate Technology, and Kingston Technology.
This Week in Imaging: Fujifilm Better Off? Latest Xerox-Icahn News; Company Financials, More
Although Fujifilm of Japan clearly isn’t happy that Xerox has called off the merger deal, there’s a good case to......
Sale of Toshiba’s Memory Business Delayed
Some investors have opposed the sale of Toshiba’s profitable memory-chip business, arguing that the $18 billion sale price is too low.
Toshiba Appoints Former Banker CEO in Drive to Rebuild Company
Toshiba’s board believes former banker can help its turnaround.
Toshiba Expects Return to Profitability for Fiscal Year Ending Next Month
After suffering a tough financial stretch, Toshiba fortunately returns to profitabliliy.
Toshiba Finds Buyer for Westinghouse Nuclear-Power Business
In what appears to be good news for financially strapped Toshiba Corporation of Tokyo, Japan, U.S. News reports that Brookfield......
Toshiba, Western Digital Settle, Sale of Memory Business to Proceed
Toshiba Corporation of Tokyo, Japan, reported today that it and its partner in Toshiba Memory Corporation, Western Digital, have entered......
Hong Kong Investor Tells Toshiba Sale of Memory Business Not Necessary
Financially strapped Toshiba Corporation of Japan may have received an early Christmas present of sorts, as Reuters reports that a......
Toshiba, Western Digital, Said to be Close to Deal Approving Memory Business
In what should be good news for Toshiba Corporation of Japan, Reuters reports that Toshiba’s partner in its memory-chip business,......
Toshiba Seeking to Sell Westinghouse Electric, But Not PC Business
Last week, financially strapped Toshiba Corporation of Tokyo, Japan, denied reports that it’s selling its PC business to AsusTek Computer,......
Toshiba Reports Loss for Half, but Memory Business Records Strong Performance
Toshiba Corporation of Tokyo, Japan, reported results for its six-month fiscal period ending on September 30, 2017, with net sales......
Western Digital Seeks Injunction to Stop Sale of Toshiba’s Memory Business
Although Toshiba Corporation’s shareholders are scheduled next month to vote on the $18 billion (2 trillion yen) sale of its......
Toshiba Aiming Sell Memory Business for $18 Billion to Consortium Led by Bain Capital
Bloomberg Technology reported today that financially strapped Toshiba Corporation of Japan has agreed to sell its memory business, Toshiba Memory......
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