Toshiba Earnings
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Toshiba Cuts Annual Profit Outlook After 75 Percent Plunge in Q2 Earnings
Toshiba on Friday said that it was cutting its annual operating profit outlook after the company reported dismal second-quarter profit. The Japanese firm reported a 75 percent fall in Q2 profit, and said it was impacted by a slew of factors including a slump in the hard disk drive market and an appraisal loss following a fall share prices in the co...
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Toshiba to Split Business Into Three Amidst Crises, Buyout Offer: Report
Toshiba plans to split into three companies as early as 2023, a report said, after a series of crises at the firm including the ouster of the board's chairman and a contentious buyout offer.
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Japan Urges Toshiba, Western Digital to Get Along as Chip Spat Flares
Japan's government said on Tuesday it wanted Toshiba and partner Western Digital to cooperate, expressing concern about an escalating dispute that threatens to upend the proposed sale.
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Western Digital Takes Legal Action to Block Sale of Toshiba's Chip Unit
Western Digital has sought international arbitration to stop partner Toshiba from selling its chips arm without its consent.
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TSMC Says Won't Be Bidding for Toshiba's Memory Chip Unit
TSMC said it was not participating in talks after reviewing it with interest. "We did not find a clear synergy," Chief Financial Officer Lora Ho said.
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Apple, Amazon, Google Said to Join Bidding for Toshiba Chip Unit
The Yomiuri Shimbun daily reported on Saturday that the three US giants joined bidding for Toshiba's NAND flash memory unit.
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Toshiba Gets Go-Ahead for Chip Unit Sale at Angry Shareholder Meeting
The extraordinary general meeting saw angry shareholders vent at CEO Satoshi Tsunakawa.
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Toshiba in Chaos: $6.3-Billion Write-Down, Chairman Resigns, Bankruptcy Looms
Toshiba, which makes products as diverse as televisions and nuclear reactors, has had a rocky few years.
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Toshiba Cuts Annual Profit Outlook After 75 Percent Plunge in Q2 Earnings
Toshiba on Friday said that it was cutting its annual operating profit outlook after the company reported dismal second-quarter profit. The Japanese firm reported a 75 percent fall in Q2 profit, and said it was impacted by a slew of factors including a slump in the hard disk drive market and an appraisal loss following a fall share prices in the co...
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Toshiba to Split Business Into Three Amidst Crises, Buyout Offer: Report
Toshiba plans to split into three companies as early as 2023, a report said, after a series of crises at the firm including the ouster of the board's chairman and a contentious buyout offer.
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Japan Urges Toshiba, Western Digital to Get Along as Chip Spat Flares
Japan's government said on Tuesday it wanted Toshiba and partner Western Digital to cooperate, expressing concern about an escalating dispute that threatens to upend the proposed sale.
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Western Digital Takes Legal Action to Block Sale of Toshiba's Chip Unit
Western Digital has sought international arbitration to stop partner Toshiba from selling its chips arm without its consent.
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TSMC Says Won't Be Bidding for Toshiba's Memory Chip Unit
TSMC said it was not participating in talks after reviewing it with interest. "We did not find a clear synergy," Chief Financial Officer Lora Ho said.
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Apple, Amazon, Google Said to Join Bidding for Toshiba Chip Unit
The Yomiuri Shimbun daily reported on Saturday that the three US giants joined bidding for Toshiba's NAND flash memory unit.
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Toshiba Gets Go-Ahead for Chip Unit Sale at Angry Shareholder Meeting
The extraordinary general meeting saw angry shareholders vent at CEO Satoshi Tsunakawa.
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Toshiba in Chaos: $6.3-Billion Write-Down, Chairman Resigns, Bankruptcy Looms
Toshiba, which makes products as diverse as televisions and nuclear reactors, has had a rocky few years.
