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 reports $118 million quarterly operating loss, first in 4 years

12 Aug 2020

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

Toshiba board fails to clear Western Digital proposal for joint bid with Apple

06 Sep 2017

Toshiba misses deadline for chip unit sale again, says still in talks

31 Aug 2017

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

Western Digital moves court to block Toshiba from selling its chip business

15 Jun 2017

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

Western Digital seeks international arbitration to halt sale of Toshiba chips arm

15 May 2017

Toshiba rejects two preemptive bids for smart meter group Landis+Gyr as too low

05 May 2017

Toshiba to start auction for its Swiss smart meter unit Landis+Gyr

25 Apr 2017

KKR, Japanese government-backed fund to jointly bid for Toshiba's memory chip business

22 Apr 2017

INCJ, DBoJ and Broadcom mulling to jointly table bid for Toshiba's chip business

19 Apr 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

Foxconn may table $26.99 bn bid for Toshiba Corp's chip business

11 Apr 2017

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