NEC Corp. has supplied a trans-Pacific submarine cable system to a U.S.-led consortium for commercial service to meet growing demand for bandwidth between Southeast Asia and North America in line with economic growth in the fast-developing Asia-Pacific region. The $250 million Southeast Asia-U.S. Cable System, ...
With the debut of high-end virtual reality gaming systems for home use, 2016 was heralded as the dawn of the VR era. But while the technology basked in the spotlight, some questioned whether there was substance behind the hype. If this year's Tokyo Game Show ...
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. Western Digital filed an arbitration ...
Toshiba Corp. aims to conclude a contract on the sale of its flash memory unit as early as next Wednesday. The struggling electronics and machinery maker explained the plan during a meeting Thursday with its main creditor banks, including Sumitomo Mitsui Banking Corp. and Mizuho ...
At a train station used by hundreds of workers at struggling electronics giant Toshiba, an ad tempts staff worried by their employer's precarious financial position. "Do you work for 'that' electronics company? If so, come and work for us!" screams the ad for Toyota. The mere ...
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. Apple has newly joined the consortium, led by U.S. investment fund Bain Capital ...
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. Toshiba and Western Digital, which are partners in a flash memory ...
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. The prospect emerged as Western Digital CEO Steve ...
Toshiba taps a consortium led by Western Digital as the favored bidder for the embattled giant’s memory chip business.
The firm, which could start taking bids as early as next month, has struggled to win back consumers from smartphone competitors like Apple and Samsung.
Toshiba Corp. is set to gain partial approval from its auditor for its fiscal 2016 financial results and submit the report by the Thursday deadline, sources close to the matter said. Auditor PricewaterhouseCoopers Aarata LLC will issue an "opinion with qualifications" for Toshiba's annual earnings ...
Japan Display Inc. is considering slashing around 4,000 jobs, about 30 percent of its total workforce, by streamlining manufacturing lines, mostly overseas, to turn around its struggling business, sources close to the matter said Tuesday. The liquid-crystal display maker, formed in 2012 through a merger ...
