Toshiba Says Not in Talks to With Any Company Over PC Unit Sale

Toshiba Corp said on Friday it had not entered into talks with any company to sell its personal computer business, denying media reports that it was in negotiations to sell the unit to Taiwan’s Asustek Computer. China’s Lenovo Group Ltd has also expressed interest in the PC unit, the Nikkei business daily reported. Cash-strapped Toshiba has previously […]

Western Digital Resubmits Bid for Toshiba Chip Unit at Last Minute

Western Digital Corp said it and US private equity firm KKR & Co LP have resubmitted a bid for Toshiba Corp’s prized flash memory chip unit – an eleventh hour effort to prevent Toshiba signing a deal with its preferred bidder. Western Digital, which jointly runs Toshiba’s main semiconductor plant, has been feuding bitterly with […]

Toshiba Says It’s Willing to Talk With Western Digital About Chip Unit Sale

Toshiba said it was open to talks with Western Digital in their dispute over the sale of the Japanese conglomerate’s prized chip unit – an apparent olive branch after it chose another suitor as preferred bidder. The two have been feuding bitterly and Western Digital, which jointly runs Toshiba’s main semiconductor plant, has sought a […]

Japan Govt-led Bid For Toshiba Chip Business to Include SK Hynix

  A woman walks behind the logo of Toshiba Corp in Tokyo September 30, 2015. (Reuters/Toru Hanai) Japanese government-led consortium bidding for Toshiba Corp’s chip business will include South Korean chipmaker SK Hynix Inc, sources familiar with the matter said – a move likely to add firepower to the group’s bid in the hotly contested […]

Toshiba Casts Doubt on Its Ability to Stay in Business

One of the better-known suitors for Toshiba’s chip unit is Hon Hai Precision Industry, also known as Foxconn.CreditKim Kyung Hoon/Reuters Toshiba, a stalwart in Japan’s postwar rise as a global industrial giant, warned on Tuesday that its disastrous foray into nuclear power had left substantial doubt over whether it could stay in business in its […]