Toshiba Corporation
Toshiba and Rohm announce a $2.7 billion investment in joint power chip production
08 Dec 2023
In a significant move aimed at bolstering Japan’s power chip industry, Toshiba and Rohm revealed on Friday, 8 December 2023, their collaboration in a substantial investment of 388.3 billion yen, or $2.7 billion, for the joint production of power chips.
Toshiba sells Westinghouse to Canada’s Brookfield for $4.6 billion
06 Jan 2018
Bankrupt US nuclear firm Westinghouse Electric Co, which nearly brought its parent company Japan’s Toshiba on the brink of collapse, is being sold to Canadian buy-out firm Brookfield Business Partners
Toshiba, Western Digital settle legal dispute, announce new partnership
13 Dec 2017
Toshiba has managed to avoid being delisted after it raised ¥600 billion ($5.3 billion) last week by issuing new shares with 60 overseas investment funds
Toshiba sells memory-chip unit to Bain-Apple group for $17.7 bn
28 Sep 2017
After the sale, Japanese companies, including Toshiba and Hoya Corp, will continue to hold more than 50 per cent of the common stock in Pangea, the investment vehicle that will acquire Toshiba Memory Corporation
Toshiba agrees to sell memory unit to Bain-led consortium for $18 bn
21 Sep 2017
Toshiba said it had also been negotiating with a group that involved iPhone assembler Hon Hai Precision Industry and another that included its jilted Western Digital, which has now moved for arbitration
Western Digital joins consortium to seize Toshiba’s chip business
24 Aug 2017
Toshiba had earlier resisted Western Digital's attempts to acquire Toshiba Memory, but found it difficult to go ahead with a deal because of uncertainty stemming from the former's legal challenge to the sale
Toshiba results get auditor nod, may avert delisting for now
10 Aug 2017
While the 'qualified’ auditor's approval for results may help Toshiba remain listed, the company is yet to see any progress in talks to sell its chips unit, which will give it much-needed cash
Toshiba sues Western Digital for meddling in memory chips unit sale
28 Jun 2017
Toshiba has sued Western Digital for 120bn yen ($1bn), accusing it of interfering in the attempted sale of its flash memory business
Toshiba to sell its memory chips business for $19 billion
21 Jun 2017
The loss-hit Japanese conglomerate hopes to come out of the red with the sale of the spun-off semiconductor unit to a consortium of Japanese investors and private equity fund Bain Capital
Toshiba misses results deadline again, projects $8.4-bn loss
15 May 2017
Toshiba has missed a 15 May deadline to file its annual results, but warned that it was likely to report a net loss of $8.4 bn for the financial year ended 31 March 2017
Suzuki, Toshiba and Denso in JV to manufacture lithium-ion batteries in India
15 Apr 2017
The move by the Japanese companies comes at a time when the Indian automotive infrastructure is exploring the possibilities of mass manufacture of electric vehicles
Westinghouse losses threaten to cripple Japan’s Toshiba
12 Apr 2017
The warning comes less than two weeks after Toshiba announced it was booking a $9.2-billion loss as its US subsidiary Westinghouse Electric filed for bankruptcy
Silver Lake, Broadcom table $17.9-bn bid for Toshiba’s chip unit
31 Mar 2017
Toshiba is ready to sell a majority stake or even its entire stake in the Nand memory chip unit, its most valuable business, to cover losses from its Westinghouse N-power plant business
Toshiba’s N-power unit Westinghouse files for bankruptcy
29 Mar 2017
Westinghouse has obtained $800 million in debtor-in-possession financing from a third-party lender to help fund and protect its core businesses during its reorganisation
Toshiba to file for bankruptcy as Westinghouse losses mount to $9 bn
27 Mar 2017
Toshiba will seek shareholders’ approval for the sale of the chip unit on Thursday, while Chapter 11 filing for Westinghouse would be done by the US unit's board
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