Tag - flash-memory

 
 

FLASH MEMORY

Japan Times
BUSINESS / Companies
May 15, 2018
Toshiba books first net profit in four years
The firm said it improved its balance sheet by recording u00a5783.1 billion in shareholdersu2019 equity at the end of March, staving off a risk of being delisted.
Japan Times
BUSINESS / Companies
Apr 23, 2018
Toshiba weighs chip-unit options as Chinese regulators look set to delay sale to Bain beyond deadline
Toshiba Corp. is all but guaranteed to miss a May 1 deadline to sell its memory chip business to a Bain Capital-led group, people familiar with the matter said, raising the chances it may consider other options that could yield billions of additional dollars for the unit.
Japan Times
BUSINESS / ANALYSIS
Jan 15, 2018
End of a chip boom? Memory chip price drop spooks investors
After a blistering year-and-a-half long surge, a sudden drop in some memory chip prices followed by Samsung Electronics Co.'s disappointing profit estimate is causing jitters among investors who had bet the chip boom would last at least another year.
Japan Times
BUSINESS / Companies
Dec 21, 2017
Toshiba to invest ¥7 billion to obtain land in Iwate Prefecture for new flash memory plant
Toshiba Corp. said Thursday it will invest some ¥7 billion ($61.7 million) in the current fiscal year to procure and prepare land in Iwate Prefecture to build a new flash memory plant amid rising demand.
BUSINESS / Companies
Nov 9, 2017
Toshiba rides memory chip unit to 28-year high in operating profit
The electronics giant posts a half-year operating profit that topped a 28-year high, driven by performance from its memory chip business.
Japan Times
BUSINESS / Companies
Oct 24, 2017
Bain says Western Digital legal protest threatens Toshiba joint venture
The Bain Capital-led consortium that's buying Toshiba Corp.'s chip unit warned Western Digital Corp. to give up attempts to overturn the deal and settle its legal claims if it wants the relationship to continue.
Japan Times
BUSINESS / Companies
Oct 24, 2017
Toshiba gains shareholder approval for crucial chip unit sale
Toshiba Corp. secured shareholder approval Tuesday for the sale of its chip unit to a Japanese-U.S.-South Korean consortium but kept mum about what alternatives to take if it fails to complete the deal before the end-of-March deadline to clear its excessive debt.
BUSINESS / Companies
Oct 23, 2017
Toshiba forecasts ¥110 billion annual loss from tax impact of chip unit sale to Bain consortium
Toshiba Corp. forecast an annual net loss of ¥110 billion ($968 million) after calculating the tax impact of selling its memory chip division to a group led by Bain Capital.
Japan Times
BUSINESS / Companies
Oct 17, 2017
Toshiba Memory to create 5,000 new jobs in Japan, Bain executive says
Toshiba Corp.'s semiconductor-making subsidiary will create up to 5,000 jobs in Japan after its planned sale to a consortium led by Bain Capital, an executive at the U.S. investment fund said Tuesday.
Japan Times
BUSINESS / Companies
Oct 2, 2017
Western Digital's battle for Toshiba: A tale of threats and culture clashes
Steve Milligan was ready to declare victory. A statement was drafted and a photographer was getting lined up for a handshake ceremony planned in Tokyo. As the brash Silicon Valley executive prepared to announce the biggest deal of his career, a prominent Japanese newspaper was reporting his consortium had clinched an agreement to buy Toshiba Corp.'s semiconductor unit, the country's last big chip business.
Japan Times
BUSINESS / Companies
Sep 21, 2017
Western Digital takes fresh legal action against Toshiba after latest chip unit bid rebuffed
Western Digital Corp. said Wednesday it has taken legal steps against Toshiba Corp.'s investment in a new production site at their joint-venture chip plant, just hours after the Japanese firm rejected the California-based company's bid to acquire its semiconductor unit.
BUSINESS / Companies
Sep 15, 2017
Bain names heavyweights Apple, Dell, Seagate as new partners in Toshiba chip bid team
Bain Capital has brought in Apple Inc., Dell Inc. and other technology heavyweights into a consortium seeking to buy Toshiba Corp.'s prized semiconductor unit, the U.S. investment fund said Friday.
Japan Times
BUSINESS / Companies
Sep 13, 2017
Toshiba signs memorandum to favor Bain consortium for chip unit sale
Struggling Toshiba Corp. signs a memorandum of understanding with a consortium led by Bain Capital to accelerate negotiations to sell its flash memory business by the end of September.
Japan Times
BUSINESS / Companies
Sep 8, 2017
Apple mulls ¥50 billion investment in Toshiba chip unit
Apple Inc. is considering joining a Western Digital Corp. bid for Toshiba Corp.'s chip unit and investing around ¥50 billion ($460 million), sources close to the matter said Friday.
Japan Times
BUSINESS / Companies
Sep 7, 2017
Western Digital seeks future voting stake of 16% in Toshiba Memory
Western Digital Corp. is planning to take just under 16 percent of the voting rights in Toshiba Corp.'s chip unit after it goes public in the future, sources close to the matter said Thursday.
Japan Times
BUSINESS / Companies
Sep 6, 2017
Western Digital asks Apple to join bid for Toshiba chip unit
Western Digital Corp. is asking Apple Inc. to join its bid for Toshiba Corp.u2019s chip unit in apparent effort to raise more cash for the purchase, sources say.
Japan Times
BUSINESS / Companies
Aug 31, 2017
Toshiba chip deal stalls amid counteroffers; Apple joins fray
Western Digital deal with Toshiba stalls as the Japan tech giant fielded last-minute new offers for its flash memory business.
Japan Times
BUSINESS / Companies
Aug 30, 2017
Apple joins Bain consortium's last-minute bid for Toshiba chip unit
A Japan-U.S.-South Korean consortium has made a last-minute bid for Toshiba Corp.'s chip unit, offering around ¥2 trillion ($18 billion) in cooperation with Apple Inc., sources close to the matter said Wednesday.
Japan Times
BUSINESS / Companies
Aug 30, 2017
Western Digital not to seek veto power in Toshiba chip unit deal
Western Digital Corp. will not seek veto power in Toshiba Corp.'s chip unit — which it aims to jointly buy with other investors — in order to avoid lengthy antitrust scrutiny, sources said Tuesday.
Japan Times
BUSINESS / Companies
Aug 29, 2017
Toshiba, Western Digital reach broad agreement on chip unit sale
Toshiba Corp. and Western Digital Corp. reached a broad accord on the sale of the Japanese conglomerate's chip unit as the U.S. company has agreed to drop its legal actions, sources close to the matter said Monday.

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