Toshiba Corp

Toshiba Corp News

Toshiba to incur loss of $1 billon after tax related to sale of its chip unit

Toshiba, which separated out its chip unit in April, said it was being taxed on the basis of assets and liabilities of the transferred business at the time of the split

Bain, INCJ said to offer $19 billion for Toshiba Chip Unit

A group led by Bain Capital LP and Japanese investors has offered about 2.1 trillion yen ($19 billion) for Toshiba Corp.’s semiconductor division, emerging as a leading bidder in the hotly contested auction, the other leading contender is Broadcom.


Foxconn says Apple, Dell join its bid for Toshiba chip business

Apple Inc and Dell will join a Foxconn-led consortium bidding for Toshiba Corp's highly prized chip unit, said Terry Gou, CEO of the world's largest contract electronics manufacturer. The firm is also in discussions with Google, Microsoft and Cisco about their participation in the bid.

Western Digital to raise Toshiba chip offer to $18 bln or more

Handset maker Lenovo will invest in areas like marketing, expanding retail presence and building premium products for its 'Motorola' brand as it looks to strengthen its position in the fiercely-competitive smartphone market in the country.

Foxconn says Apple, Amazon to join its bid for Toshiba chip business: Nikkei

Apple Inc and Inc will join Foxconn's bid for Toshiba Corp's semiconductor business, the Nikkei business daily quoted Foxconn Chairman Terry Gou, the two US technology giants plan to "chip in funds", Gou said.

Toshiba's future imperiled by shaky ethics, nuclear fiascoes

Toshiba Corp.'s last-gasp strategy for staying afloat is selling its prized computer chip operations, it may buy the company time but is no cure-all. The company will lose its promising businesses and still be entangled with nuclear units that led to its downfall.


Toshiba may seek buyers for Westinghouse starting this fall

Toshiba Corp. could begin the process to sell a majority stake in Westinghouse Electric Co. this fall as the US company makes its way through a bankruptcy proceeding,