This brings a closure to Toshiba’s 2015 accounting scandal. On Monday, is what is likely to be a huge sign of relief for Japan’s Toshiba Corp, the conglomerate disclosed that the U.S Securities and Exchange Commission (SEC) had completed its… Read More ›
NAND memory chip
Toshiba to buyback shares worth at least $6.3 billion
The move is aimed at keeping its earlier promise to shareholders that it would reward them. On Wednesday, Toshiba Corp stated, it would buyback its shares worth at least $6.3 billion (700 billion yen). Toshiba’s move comes in the wake… Read More ›
Toshiba’s net profit expected to zoom on planned sale of its NAND memory business
Toshiba’s sale of its memory business hinges on getting regulatory approval from Chinese authorities by May 31, 2018. Toshiba Corp stated, it expects a 33% rise in net income thanks to proceeds from its planned $18 billion sale of… Read More ›