Toshiba looks for more cash
Published in News
Friday, 10 November 2017 12:05

Toshiba looks for more cash


Lend us a fiver until payday?

Toshiba is still desperate for cash to avoid a possible delisting and is considering raising $5.3 billion by offering new shares in a third-party allotment.

Toshiba sees 76 percent jump in Q2 operating profit
Published in Cloud


Unfortunately, thanks to the bit it wants to sell

Toshiba reported a 76 percent jump in second quarter operating profit on thanks to strong performance from its memory chip unit.

Securities watchdog snuffles Toshiba again
Published in News
Thursday, 19 October 2017 11:51

Securities watchdog snuffles Toshiba again


Not sure about this nuclear claim

It seems that Toshiba can’t get a break. Japan’s securities watchdog is investigating its latest earnings statement to see if it properly handled losses incurred by its US nuclear unit.

Toshiba goes affordable with new TR200 SSD series
Published in Cloud


Based on 3D TLC NAND and TC58NC1010 controller

Toshiba has unveiled its new TR200 SSD series which comes in 240GB, 480GB and 960GB capacities and is based on 64-layer BiCS3 3D TLC NAND and the TC58NC1010 controller.

Toshiba names Bain as buyer
Published in Cloud
Wednesday, 20 September 2017 12:35

Toshiba names Bain as buyer

 
18.9 billion price tag

Toshiba’s board has finally flogged its Nand flash memory chip unit to an international consortium led by the US private equity group Bain Capital in a $18.9 billion deal designed to rescue the Japanese conglomerate from delisting.

Western Digital mulls options as Tosh favours Bain
Published in Cloud
Wednesday, 13 September 2017 12:39

Western Digital mulls options as Tosh favours Bain


Considering its options


Western Digital has said that it is considering its options as Toshiba indicated it favoured a group of investors led by Bain Capital to buy the world’s second largest manufacturer of flash memory chips.

Toshiba might score a windfall from its memory chip sale
Published in Cloud


Price of sale goes up to $22.3 billion

It is starting to look like Toshiba might collect more money from the sale of its memory chip business than it expected.

Western Digital offers to drop out of memory chip sale
Published in News


Tosh may now take a better offer 

Toshiba shares rose more than four  percent on Wednesday  Western Digital is alleged to have offered to drop out of a group bidding for its flash memory chip business to take a stronger position in their joint venture instead.

Western Digital says soz for raining on Toshiba's parade
Published in Cloud


We are not like that normally

Western Digital Corp’s CEO has apologised to his counterpart at Toshiba for strained ties after the US firm sued to keep their chip joint venture from being sold to rival bidders.

Western Digital likely to get Toshiba memory business
Published in News


Deal close to being signed

Western Digital's chief executive is in Tokyo to finalise an agreement to buy the Toshiba memory chip business, ending months of dispute over the auction.