With demand for memory chips outstripping supply, SK Hynix could significantly benefit if it wins its bid. As per a source familiar with the matter at hand, South Korea’s SK Hynix Inc, is vying for a stake in Toshiba Corp’s… Read More ›
Toshiba
Canon could buy Toshiba’s stake in its disinvestment plan
If Japan’s Canon were to buy Toshiba’s stake, the business would maintain its Japanese profile. Japan’s Kyodo news agency has reported, without citing any sources, that Canon Inc is weighing its investment options in Toshiba Corp. The report comes in… Read More ›
Toshiba considering selling its stake to Western Digital at its NAND flash memory plant
Although Toshiba is yet evaluating its options, the move will boost its capital base. As per a source who has been briefed on the discussions, Toshiba Corp is in talks to sell its minority stake in its flash memory business… Read More ›
Toshiba again accused of profit padding by securities watchdog
Japan’s Securities and Exchange Surveillance Commission has accused Toshiba’s top management of accounting fraud for the period of 2012-2014. With reports appearing in the media that a security watchdog suspects Toshiba Corp of misreporting its profits by $339.59 million (40… Read More ›
Japan’s antitrust regulators probing Canon’s Toshiba deal
Although the structure of the deal was unorthodox, according to Toshiba, it had consulted legal experts who approved the deal from a legal perspective. According to a source with direct knowledge of the matter at hand, Japan’s anti-monopoly regulator is… Read More ›
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