Toshiba to conclude chip unit deal as early as Wednesday

/ Sep 15, 2017

Toshiba to conclude chip unit deal as early as Wednesday

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 ...

Chip unit sale an omen of Toshiba's failing fortunes

/ Sep 14, 2017

Chip unit sale an omen of Toshiba's failing fortunes

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 ...

To pare losses, Japan Display eyes cutting 4,000 jobs

/ Aug 8, 2017

To pare losses, Japan Display eyes cutting 4,000 jobs

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 ...