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April 20, 2024
 

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TOSHIBA MEMORY

Japan Times
BUSINESS / Companies
Jul 25, 2019
Toshiba Memory to postpone IPO to next year due to low chip demand amid trade disputes
Toshiba Memory Holdings Corp. is set to postpone its initial public offering to early next year, dropping its original target of the end of this year, due to poor earnings amid sagging demand for semiconductors, sources said Thursday.
Japan Times
BUSINESS / Companies
Apr 4, 2019
Toshiba Memory to draw ¥1.3 trillion in bank loans before going public
Toshiba Memory Holdings Corp. is set to draw a total of ¥1.3 trillion ($11.7 billion) in loans from four Japanese banks, sources familiar with the situation said late on Wednesday.
BUSINESS / Companies
Aug 8, 2018
Toshiba posts record quarterly profit on chip sale, but outlook unclear
Toshiba Corp. reported a record quarterly net profit Wednesday, thanks to the $18 billion sale of its flash memory chip business earlier this year to a consortium led by U.S. private equity firm Bain Capital.
Japan Times
BUSINESS / Companies
Jun 4, 2018
Toshiba Memory mulls changing company name next year
Toshiba Memory Corp., the world's second-largest maker of NAND flash memory chips, is considering changing its name in 2019 as it seeks to introduce a new brand and raise its profile in the intensely competitive market.
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
Sep 20, 2017
Toshiba selects Bain-led group for chip unit sale, looks to get out of debt by next March
Toshiba Corp. said Wednesday it has decided to sell its chip unit to a Japan-U.S.-South Korea consortium for around ¥2.4 trillion ($21 billion), rejecting a counterbid from its longtime partner Western Digital Corp.
Japan Times
BUSINESS / Companies
Jul 5, 2017
Japan-backed consortium to buy Toshiba chip unit may postpone deal until after U.S. court hearing
A consortium seeking to buy Toshiba Corp.'s prized memory chip unit may delay closing the deal in order to wait for a court decision on whether the sale should be blocked, sources said Tuesday.
Japan Times
BUSINESS / Companies
Jun 6, 2017
Western Digital gives up on buying majority stake in Toshiba chip unit
The U.S. firm is eyeing a joint bid with the government-backed Innovation Network Corp. of Japan and the government-owned Development Bank of Japan.
Japan Times
BUSINESS / Companies
May 28, 2017
Western Digital may bend on Toshiba chip unit sale: sources
Western Digital Corp. appears to be softening its stance on Toshiba Corp.'s chip unit sale and has told the ailing conglomerate it might be willing to take a smaller stake in the unit instead of purchasing it outright.
Japan Times
BUSINESS / Companies
May 24, 2017
Western Digital offers ¥2 trillion for Toshiba's chip unit
Western Digital Chief Executive Officer Steve Milligan and Toshiba President Satoshi Tsunakawa held talks Wednesday over a potential acquisition. Toshiba is believed to have expressed reluctance to accept the plan.
Japan Times
BUSINESS / Companies
May 12, 2017
Toshiba looks to extend deadline for chip unit bidding until end of month
Toshiba is considering extending the deadline for the second round of bidding for its chip business, as its partner Western Digital continues to object to the sale, sources said Thursday.
No link to Nankai Trough quake seen after temblor in Shikoku
Satoshi Harada from the Meteorological Agency explains about the magnitude 6.6 earthquake during a news conference early Thursday.
Tehran signals no retaliation against Israel after drones attack Iran
A reported strike against Iran by Israel on Friday came against the backdrop of Iran's support for the Palestinian Hamas militant group, whose assault into Israel on Oct. 7 triggered Israel's invasion of Gaza.
In a first, Japan doctors sue Google over negative reviews on firm's map app
One of the lawyers representing a group of doctors suing Google told a news conference that the main purpose of the lawsuit is not to seek compensation but instead to raise awareness over various problems with the Google Maps system.
Former No. 1 Kento Momota retires from international badminton at 29
Badminton star Kento Momota leaves a news conference after announcing his retirement from Japan's national team, in Tokyo on Thursday.
Thousands evacuated as Indonesia volcano erupts
Indonesia's Mount Ruang spews hot lava and smoke as seen from Sitaro, North Sulawesi, on Wednesday.
'House of the Owl' brings Hollywood values to Japanese TV
In the new Disney+ series “House of the Owl,” Min Tanaka (left) plays a powerful political fixer, or “kuromaku,” who has a troubled relationship with his adult children, particularly his idealistic son, played by Mackenyu.
Benefits and risks: AUKUS looks to take gamble on Japan
U.S. President Joe Biden, Australian Prime Minister Anthony Albanese and British leader Rishi Sunak deliver remarks on the AUKUS partnership, after a trilateral meeting, at Naval Base Point Loma in San Diego in March last year.
Kyoto’s demon night parade lives to haunt another day
In a Kyoto long past, the "hyakki yagyō" (100 demon night parade) haunted a sleepy corner of Kyoto. Now, one enterprising monster enthusiast has won a small batttle to keep the march alive.
U.S. deploys midrange missile system in Indo-Pacific for first time
A U.S. Army Mid-Range Capability (MRC) Launcher arrives as part of the capability’s first deployment into theater on Northern Luzon, Philippines, April 8.

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