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