Toshiba shortlists potential buyers
Toshiba recently made a shortlist of candidates for the organization's acquisition. The board indicates it's not interested in a quick deal.
The list includes ten potential buyers. Eight of the candidates propose to privatize and delist the company. Two of the candidates propose to invest while... Read more
Toshiba launches 2TB P300 SMR hard drives
The Japanese conglomerate is offering new shingled magnetic recording (SMR) technology in its hard drives.
Considered technologically superior, solid-state drives have become increasingly popular. But that does not mean hard drives are obsolete, as demonstrated by Toshiba’s latest SMR technolo... Read more
Toshiba considers a buyout, shares surge
Toshiba's board is considering buyout offers. After the announcement, shares jumped nearly 5%.
On Thursday 21 April, Toshiba's board hired a financial advisor to determine the future of the organisation. The Japanese conglomerate has been under pressure since the end of 2021. The board became di... Read more
Toshiba scraps split-off plans and seeks alternative
Toshiba definitively scrapped its planned split-off. The organization is discussing an alternative future. Going private is a serious possibility.
Toshiba announced it's looking for "strategic alternatives" for the future. One option is privatisation, which would see the organization delisted.
... Read more
Toshiba shareholders reject split-off and acquisition
Toshiba's shareholders have voted to reject the split-off proposed by Toshiba's management. The acquisition proposed by shareholders was denied as well.
In late 2021, Toshiba's management proposed splitting the organization into separate entities. This week, shareholders rejected the propositio... Read more
Toshiba’s third-largest shareholder opposes the conglomerate’s plan to split itself up
On Friday, one of Toshiba's biggest shareholders called on the Japanese corporation to pursue buyout proposals, joining a cacophony of stakeholders who rejected its plan to split itself.
Farallon Capital Management, Toshiba's third-largest shareholder with a holding of more than 6%, said in a st... Read more
Toshiba CEO Tsunakawa steps down unexpectedly
Toshiba CEO Satoshi Tsunakawa has unexpectedly resigned. Tsunakawa's decision is a symptom of the growing opposition to Toshiba's restructuring plans.
In late 2021, Toshiba announced that it wanted to split into three divisions. In recent months, internal opposition to the restructuring plans ha... Read more
Toshiba promises to deliver 40TB HDD’s
Toshiba will be increasing its HDD capacity to 40TB in the coming years. The organization promises to release a 30TB HDD by 2024, gradually increasing capacity in the years beyond.
A recent roadmap shows that, between the current fiscal year and 2026, Toshiba plans to significantly increase the ... Read more
Toshiba constructs plant to double semiconductor production
This spring, Toshiba hopes to double its production capacity by constructing a new chip factory in Japan.
The Japanese tech giant will start constructing a new plant for energy semiconductors in Ishikawa, Japan. The plant will support production lines for 300-millimetre chip wafers.
The plan... Read more
Toshiba refuses buyout plans from venture investors
According to Reuters, Japanese tech giant Toshiba is sticking to its plan of splitting the organization into three separate parts. The company has recently refused several acquisition proposals from private investment companies.
After a series of scandals, Toshiba announced that it wanted to reg... Read more