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 ›
Broadcom is likely to emerge as the winner in the bidding war for Toshiba’s chip manufacturing unit. Japan’s Asahi newspaper has reported that Toshiba Corp is considering giving U.S. chip manufacturer Broadcom Ltd exclusive rights to negotiate its prized chip… 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 ›
Foxconn, the world’s largest contract manufacturer, has loads to talk to the White House. Here’s why … As per footage shown on Taiwanese television, top executives from Foxconn, including founder and chairman Terry Gou, visited the White House on Thursday…. Read More ›
Within less than a year Toshiba has had a turnover of 2 auditors. Japan’s business daily, the Nikkei has reported that Toshiba Corp will be replacing its auditor PriceWaterhouseCoopers (PwC) Arata. The development comes in the wake of Toshiba struggling… Read More ›
Japan is making every effort to ensure that the sale of Toshiba’s chip manufacturing unit, which it deems as a risk of national security, does not fall into the hands of the Chinese. Japanese newspaper Asahi has reported that a… Read More ›
Apple’s allays national security concerns of Japan and the U.S. despite its teaming up with Foxconn. In the latest development in the saga of Toshiba’s chip unit sale, Japanese new agency NHK has reported that Apple Inc is considering teaming… Read More ›
Western Digital has more than its foot in the door and is trying to capitalize on its existing joint venture with Toshiba. In a development of strategic nature, Western Digital Corp has shot off a letter to Toshiba, with whom… Read More ›
The move has put immense pressure on the Tokyo Stock Exchange. With the U.S. and Japan huddling together to block a common foe, China, it is to be seen how Foxconn’s offer, which is $10 billion more than Toshiba’s internal… 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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