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  • Toshiba, Bain executives join in push for memory-chips sale
    Associated Press6 months ago

    Toshiba, Bain executives join in push for memory-chips sale

    YOKKAICHI, Japan (AP) — At Toshiba's flash-memory chip plant in Yokkaichi, the orderly quiet of the clean room, with its metal boxes zipping around on overhead rails, contrasts sharply with the messy feud between its owners over plans to sell this prized asset.

  • Seagate Technology PLC (STX) Stock Is a Rough in a Diamond Sector
    InvestorPlace7 months ago

    Seagate Technology PLC (STX) Stock Is a Rough in a Diamond Sector

    The technology sector is back in favor on Wall Street. The Technology Select Sector SPDR Fund (NYSEARCA:XLK) is up almost 25% this year yet Seagate Technology PLC (NASDAQ:STX) is down 10% for the same period. Barriers to entry into the tech components sector are somewhat high, so the players like STX will all likely prosper for the next few years.

  • Toshiba agreement on sale to Bain-led consortium protested
    Associated Press7 months ago

    Toshiba agreement on sale to Bain-led consortium protested

    TOKYO (AP) — Toshiba's long meandering sale of its computer memory business took another turn Wednesday, as the Japanese nuclear and electronics company's announcement of a deal with a consortium was immediately met with opposition from U.S. joint venture partner Western Digital.

  • Forbes9 months ago

    A Historic Prime Day: Amazon Shatters Record By Double Digits

    Smashing last year’s standard, Prime Day 2017 now stands as the biggest sales day in Amazon’s entire history.

  • Toshiba sues Western Digital in feud over memory unit sale
    Associated Press10 months ago

    Toshiba sues Western Digital in feud over memory unit sale

    TOKYO (AP) — Toshiba Corp. said Wednesday it is suing its joint venture partner Western Digital over the U.S. company's opposition to a plan to sell the Japanese electronics and energy giant's memory chip unit.

  • Foxconn founder: US expansion might top $10 billion
    Associated Press10 months ago

    Foxconn founder: US expansion might top $10 billion

    TAIPEI, Taiwan (AP) — The chairman of Taiwanese electronics giant Foxconn said Thursday it may spend more than $10 billion to set up manufacturing in the United States, and will announce investment plans by early August for at least three states.

  • Associated Press11 months ago

    Toshiba reports massive loss for year over Westinghouse woes

    TOKYO (AP) — Toshiba, whose U.S. nuclear unit Westinghouse has filed for bankruptcy protection, is reporting a 950 billion yen ($8.4 billion) net loss for the fiscal year ended March.

  • Japan's Toshiba fights Western Digital over chips unit sale
    Associated Presslast year

    Japan's Toshiba fights Western Digital over chips unit sale

    TOKYO (AP) — Japanese electronics maker Toshiba is facing resistance from its U.S. joint venture partner Western Digital over Toshiba's plans to sell its computer-chip business to anyone else, and Toshiba is fighting back.