Toshiba’s long-awaited chip unit sale

Toshiba’s long-awaited chip unit sale

The OEM has finally completed the long-anticipated $18 billion (€15.4 billion) sale of its memory chip unit to a Bain Group-led consortium. As Reuters reports, Toshiba Corp has managed to complete the sale of its chip unit “to a consortium led by U.S. private equity...
Toshiba makes it back to black

Toshiba makes it back to black

The formerly floundering OEM has experienced an upturn in its fortunes, making it back into the black and avoiding being delisted from Tokyo’s Stock Exchange. As ABS-CBN reports, Toshiba “bounced back into black after a disastrous year”, and a result will avoid the...