Toshiba

Toshiba News

Western Digital in talks to gain voting rights for 16 percent of the Toshiba's memory chip
News & Analysis

Western Digital in talks to gain voting rights for 16 percent of the Toshiba's memory chip

Western Digital Corp is in talks to gain voting rights on the assumption that it will be listed in the future.

Western Digital CEO apologizes for strained ties with Toshiba over memory chip business
News & Analysis

Western Digital CEO apologizes for strained ties with Toshiba over memory chip business

Apple has joined a rival consortium led by Bain Capital that is bidding for Toshiba’s chip unit, sources with direct knowledge of the matter have said.

Toshiba fail to meet internal target date for NAND chip unit sale; raises financial questions
News & Analysis

Toshiba fail to meet internal target date for NAND chip unit sale; raises financial questions

Toshiba failed to seal a deal to sell its prized chip business by a deadline, raising doubts about whether it can plug a balance sheet hole in time.

Toshiba to miss its own 31 August deadline for $17.3 billion chipset deal, could be delisted
News & Analysis

Toshiba to miss its own 31 August deadline for $17.3 billion chipset deal, could be delisted

Toshiba executives have been trying to sign a deal by the end of August because antitrust reviews by governments like China could last more than six months.

Western Digital group finalizing deal for Toshiba chip unit
News & Analysis

Western Digital group finalizing deal for Toshiba chip unit

A consortium led by Western Digital Corp is close to an agreement to buy Toshiba’s $17.4 billion chip business, with the WD’s CEO in Tokyo to finalize talks.

Western Digital to finalise the deal with Toshiba's memory chip buisness
News & Analysis

Western Digital to finalise the deal with Toshiba's memory chip buisness

Western Digital Corp’s chief executive is in Tokyo to finalise an agreement to buy Toshiba Corp’s memory chip business, ending months of dispute over the auction, a person familiar with the matter told Reuters on 28 August.

Western Digital is not seeking a management role in the memory chip unit sale
News & Analysis

Western Digital is not seeking a management role in the memory chip unit sale

Western Digital Corp, part of a group offering to buy Toshiba Corp’s memory chip unit, is not seeking a management role in the business.

Western Digital purportedly offering $17.4 billion for Toshiba Corp's memory chip business
News & Analysis

Western Digital purportedly offering $17.4 billion for Toshiba Corp's memory chip business

A consortium that includes Western Digital is offering 1.9 trillion yen ($17.4 billion) for Toshiba Corp's memory chip business.

Japan Display is considering to rope in new investors for OLED screens
News & Analysis

Japan Display is considering to rope in new investors for OLED screens

Japan Display has been caught out by a swift change in consumption trends, with handset makers shifting to the thinner and flexible OLED displays.

Toshiba Corp to give notice to Western Digital before closing the sale of memory chip unit
News & Analysis

Toshiba Corp to give notice to Western Digital before closing the sale of memory chip unit

Toshiba Corp has agreed to give Western Digital Corp two weeks' notice before closing any sale of a memory chip unit.

Toshiba has resumed blocking Western Digital’s access to shared data in the chip joint venture
News & Analysis

Toshiba has resumed blocking Western Digital’s access to shared data in the chip joint venture

Toshiba Corp said it resumed blocking access by Western Digital Corp to data at their memory chip joint venture, intensifying its dispute with the US firm over the Japanese company's planned sale of the chip business.

Western Digital executives meet Japanese government officials to resolve dispute with Toshiba
News & Analysis

Western Digital executives meet Japanese government officials to resolve dispute with Toshiba

Western Digital Corp's top executive is in Japan to meet government officials, aiming to resolve a dispute with Toshiba Corp.

US court postpones Western Digital bid to temporarily block Toshiba from selling flash memory business
News & Analysis

US court postpones Western Digital bid to temporarily block Toshiba from selling flash memory business

A US judge did not reach a decision 14 July in Western Digital Corp's bid to temporarily block Toshiba Corp from selling its flash memory business.

Toshiba gains access to $6 billion credit line after putting up shares in its chip unit as collateral
News & Analysis

Toshiba gains access to $6 billion credit line after putting up shares in its chip unit as collateral

Crisis-hit Toshiba Corp has regained access to a crucial $6 billion credit line after stumping up shares in its chip unit as collateral.

Toshiba's memory chip unit under pressure to opt for plan B and find a new buyer
News & Analysis

Toshiba's memory chip unit under pressure to opt for plan B and find a new buyer

Toshiba board is being asked seriously consider alternatives, people with direct knowledge of the sale process said - including picking a new buyer.

Apple turns to arch-rival Samsung as global supply of '3D NAND' memory chips falters
News & Analysis

Apple turns to arch-rival Samsung as global supply of '3D NAND' memory chips falters

Apple have reportedly fallen short of supplies for their new storage chip which is set to feature in their new iPhone line-up. A report by Digitimes claims up to 30 percent shortage in the supply of storage capacity chips.

Samsung plans to invest $18.6 billion in South Korea to extend its lead in memory chips and displays
News & Analysis

Samsung plans to invest $18.6 billion in South Korea to extend its lead in memory chips and displays

The announcement follows repeated calls from new South Korean President Moon Jae-in for big businesses to invest more domestically.

Western Digital claims that Toshiba's actions in their ongoing dispute is harming customers
News & Analysis

Western Digital claims that Toshiba's actions in their ongoing dispute is harming customers

Previously, the Japanese government and Bain Capital were bidding on this semiconductor manufacturing business company.

Toshiba Corp sues Western Digital for interfering in the sale; delays the sale of its flash memory chip unit
News & Analysis

Toshiba Corp sues Western Digital for interfering in the sale; delays the sale of its flash memory chip unit

Toshiba Corps said that the $18 billion deal was being held up due to differences of opinion within the consortium.

Sharp Corporation says Foxconn to still push for acquiring Toshiba
News & Analysis

Sharp Corporation says Foxconn to still push for acquiring Toshiba

Due to cost overruns at the Westinghouse nuclear unit, the company wants to get out of the negative shareholders' equity.