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Samsung's operating profit for the last quarter falls by nearly 56 percent after poor chip sales
News & Analysis

Samsung's operating profit for the last quarter falls by nearly 56 percent after poor chip sales

Samsung is the world’s biggest maker of semiconductors and smartphones, but it has struggled with falling prices.

Western Digital expected revenue to improve in the second half of 2019
News & Analysis

Western Digital expected revenue to improve in the second half of 2019

Western Digital is targeting $800 million in annualised reductions in non-GAAP cost and expenses.

Toshiba has no immediate plans to sell its 40.2 percent stake in its memory chip unit: Report
News & Analysis

Toshiba has no immediate plans to sell its 40.2 percent stake in its memory chip unit: Report

Toshiba Memory had in September reaffirmed the company’s plan to go public in two to three years.

Samsung unveils new 4 TB 860 QVO SSD in India starting for Rs 11,249 in India
News & Analysis

Samsung unveils new 4 TB 860 QVO SSD in India starting for Rs 11,249 in India

Samsung said the 860 QVO fits perfectly into most standard laptops or desktops.

Toshiba to consider an IPO for its memory chip unit if $18 billion sale fails to gain antitrust approval by March
News & Analysis

Toshiba to consider an IPO for its memory chip unit if $18 billion sale fails to gain antitrust approval by March

A Toshiba spokeswoman said there had been no change in its efforts to complete the sale of the chip unit.

Globally semiconductor sales expected to rise in 2018 says financial service company IHS Markit
News & Analysis

Globally semiconductor sales expected to rise in 2018 says financial service company IHS Markit

The demand for DRAM could hit $84.4 billion, a gain of 16.9 percent from 2017, it said.

Toshiba and Western Digital agree in principle settle the dispute over memory chip unit
News & Analysis

Toshiba and Western Digital agree in principle settle the dispute over memory chip unit

Toshiba’s board has approved a framework for a settlement and is aiming to reach a final agreement by next week.

Seagate pledges not to buy any stake in Toshiba's memory chip unit for the next 10 years
News & Analysis

Seagate pledges not to buy any stake in Toshiba's memory chip unit for the next 10 years

Seagate has committed up to $1.25 billion to finance the purchase of the chip unit — world’s second-biggest producer of NAND flash memory semiconductors.

Toshiba is expected to suffer a net loss of $1 billion in taxes related to the sale of its memory chip unit
News & Analysis

Toshiba is expected to suffer a net loss of $1 billion in taxes related to the sale of its memory chip unit

Toshiba said that due to the tax impact, it expects a loss of 110 billion yen ($970 million) in the year to March.

Toshiba signs $18 billion deal to sell its chip unit to a consortium lead by Bain Capital
News & Analysis

Toshiba signs $18 billion deal to sell its chip unit to a consortium lead by Bain Capital

Japan’s Toshiba Corp said on Thursday it had signed an $18 billion deal to sell its chip unit to a consortium led by Bain Capital LP.

Western Digital to seek an injunction for blocking Toshiba's memory chip business sale
News & Analysis

Western Digital to seek an injunction for blocking Toshiba's memory chip business sale

Western Digital's actions come after Toshiba's decision to sell the unit to a consortium led by Bain Capital LP and South Korean chipmaker SK Hynix.

Toshiba wrestles with last minute delays on its $18 billion memory chip business sale
News & Analysis

Toshiba wrestles with last minute delays on its $18 billion memory chip business sale

Sources familiar with the matter confirmed consortium members were still wrangling over details of their agreement.

Toshiba chooses Bain Capital as the buyer of its memory chip business
News & Analysis

Toshiba chooses Bain Capital as the buyer of its memory chip business

Japan’s embattled Toshiba Corp has chosen a group led by U.S. private equity firm Bain Capital to buy its prized memory chip unit.

Bain Capital names Dell and other tech firms as part of it consortium to bid for Toshiba chip unit
News & Analysis

Bain Capital names Dell and other tech firms as part of it consortium to bid for Toshiba chip unit

Toshiba said this week it has agreed to focus on selling the world’s No. 2 NAND producer to a group led by Bain and South Korean chipmaker SK Hynix Inc.

Five problems Apple will have to tackle if it wants to get its iPhone 8 out on time
News & Analysis

Five problems Apple will have to tackle if it wants to get its iPhone 8 out on time

The Apple iPhone 8 is reportedly plagued by a number of production problems, as it races against time to introduce a device with cutting edge technologies.

Samsung estimates record second-quarter profit aided by memory chip price surge
News & Analysis

Samsung estimates record second-quarter profit aided by memory chip price surge

Tech giant Samsung Electronics Co Ltd on Friday estimated a record quarterly operating profit for April-June, propelled by a memory chip boom that analysts say will continue to pad margins for the rest of 2017.

Impending Apple iPhone 8 release leaves electronics makers scrambling for stock of memory chips
News & Analysis

Impending Apple iPhone 8 release leaves electronics makers scrambling for stock of memory chips

Some investors and analysts have voiced concerns about potential "de-speccing," where product makers cut back on memory to cope with the shortages or margin pressures.

Apple and Amazon back Foxconn to bid for Toshiba's chip business
Biztech

Apple and Amazon back Foxconn to bid for Toshiba's chip business

Taiwan's Foxconn, formally known as Hon Hai Precision Industry Co Ltd, has also partnered with its Japanese unit Sharp Corp in its bid.

Intel maintains its lead in corporate SSD in Q1
News & Analysis

Intel maintains its lead in corporate SSD in Q1

Data compiled by industry tracker DRAMeXchange shows Intel accounted for 40 percent of the corporate solid state drives.

Gartner estimates that global semiconductor revenue will increase by 12.3 percent in 2017
News & Analysis

Gartner estimates that global semiconductor revenue will increase by 12.3 percent in 2017

Global semiconductor revenue will total $386 billion in 2017 - an increase of 12.3% from 2016, market research firm Gartner said on Thursday.