Tag: Toshiba

Here you will find all the articles with the tag: Toshiba.

Toshiba shortlists potential buyers

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

date8 months ago
Toshiba launches 2TB P300 SMR hard drives

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

date10 months ago
Toshiba considers a buyout, shares surge

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

date11 months ago
Toshiba scraps split-off plans and seeks alternative

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

date12 months ago
Toshiba shareholders reject split-off and acquisition

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

date1 year ago
Toshiba CEO Tsunakawa steps down unexpectedly

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

date1 year ago
Toshiba promises to deliver 40TB HDD’s

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

date1 year ago
Toshiba constructs plant to double semiconductor production

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

date1 year ago
Toshiba refuses buyout plans from venture investors

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

date1 year ago
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