Terry Gou is preparing to run for Taiwan’s 2020 presidential elections. On Friday, Foxconn stated, it has named the current head of its chip unit as its chairman. Liu Young-Way will now be replacing Terry Gou as Foxconn’s chairman. Foxconn’s… Read More ›
As per the U.S. hedge fund, Toshiba’s shares have the potential to touch 400 yen once it manages to overcome its legal battle with Western Digital Corp. In a significant development, U.S. hedge fund Greenlight Capital has disclosed, it has… Read More ›
While the chip manufacturing industry is considered by Japan to be of national interest, and Toshiba made active efforts to put the snooping Chinese at bay, sources reveal that SK Hynix, considered close to China, will partly finance the purchase…. Read More ›
The sale of Toshiba’s chip business is strategic & pivotal to its survival as a company. This court injunction request, was expected, and adds to the complexity surrounding the troubled company. As per a source familiar with the situation at… Read More ›
With the AGM under its belt, the doubts surrounding the company are likely to be cleared. Toshiba Corp has stated it would hold its AGM on June 28 and discuss the status of the auditing process, its earnings outlook and… Read More ›
Japanese business daily Nikkei has reported of such a move by Foxconn. The world’s biggest contract manufacturer, Foxconn reportedly approached South Korean chip manufacturer SK Hynix Inc to explore a joint bid for Toshiba Corp’s memory chip unit, reported the… Read More ›
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