Toshiba - Asia Tech Wire

Toshiba

2024.12.25

14:32

Market news: Toshiba will invest 7.9 billion yen to build new facilities in Yokohama, Japan.

2024.12.18

15:15

Kioxia is listed on the Tokyo Stock Exchange with a total market value of over 700 billion yen

Japanese semiconductor memory giant Kioxia Holdings was listed on the PRIME market, the highest level of the Tokyo Stock Exchange. The initial price after the first day of trading was 1,440 yen per share, down 1% from the issue price of 1,455 yen. The total market value calculated at the initial price is approximately 776.2 billion yen (approximately RMB 36.8 billion). Kioxia issued 21.56 million new shares when it went public, raising approximately 29 billion yen. Bain Capital and Toshiba, which hold its shares, will sell part of them, reducing their shareholdings from 56% and 40% to 51% and 30%, respectively.

2024.04.17

08:50

Toshiba mulls cutting domestic workforce by 5,000

Asia Tech Wire (Apr 17) -- Japanese electronics firm Toshiba is considering cutting its domestic workforce by 5,000, according to Nikkei.

2022.04.19

10:51

Bain Capital promises no spin-off in Toshiba takeover bid

Asian Tech Press (Apr. 19) -- U.S. private equity firm Bain Capital committed not to break up Toshiba in its takeover bid.

2022.03.24

11:17

Toshiba shareholders reject proposals to split or consider sale

Asian Tech Press (Mar. 24) -- Japanese electronics giant Toshiba Corp's shareholders have rejected proposals from management and activist shareholders about the company's future.

2022.03.21

04:21

Norway sovereign wealth fund opposes Toshiba breakup plan

Asian Tech Press (Mar. 21) -- Norway's sovereign wealth fund opposed Toshiba's breakup plan, according to Reuters.

2022.03.07

03:42

Toshiba says chip shortage may last until March 2023 due to Ukraine crisis

Asian Tech Press (Mar. 7) -- Japanese electronics giant Toshiba Corp (TYO:6502) said Monday that chip shortages may last until March 2023 due to Ukraine crisis.

2022.03.02

07:59

Toshiba CEO resigns due to controversial spin-off plan

Asian Tech Press (Mar. 2) -- Toshiba's president and CEO Satoshi Tsunakawa resigned on Tuesday due to confusion caused by the sudden change in the company's reorganization plans.

2022.03.01

03:27

Toshiba CEO said to resign, leading to a possible review of split plan

Asian Tech Press (Mar. 1) -- CEO of Japanese electronics giant Toshiba Corp (TYO:6502) will reportedly resign, leading to a possible review of the spin-off plan.

2022.02.28

03:28

Toshiba CEO says going private is too risky

Asian Tech Press (Feb 28) -- CEO of Japanese electronics giant Toshiba Corp (TYO:6502) said that selling the company and taking it private would be fraught with risks that he could not accept.

2022.02.07

06:22

Japan's Toshiba to split into two firms, sell non-core assets

Asian Tech Press (Feb 7) -- Japanese electronics giant Toshiba Corp (TYO:6502) said Monday it will split into two companies and sell off non-core assets, abandoning an initial three-way split.

2021.11.15

04:57

Toshiba's top shareholder says undecided whether to support breakup

Asian Tech Press (Nov 15) -- Toshiba's largest shareholder, Effissimo Capital Management, said Saturday it has not decided whether to support Toshiba's breakup plan, Reuters reported.

2021.11.08

16:20

Japan's Toshiba to split itself into three companies as early as 2023

Asian Tech Press (Nov 8) -- Japanese electronics giant Toshiba Corp (TYO:6502) will split itself into three companies that focus on infrastructure, devices and semiconductor memory as early as 2023, the Nikkei reported Monday.

09:02

Toshiba closes Dalian plant, denies withdrawal from China

Asian Tech Press (Nov 08) -- In September this year, Japan's Toshiba Dalian plant ceased production and entered the closing and liquidation.

2021.09.23

03:23

Toshiba launches 40V/2.0A stepper motor driver IC with resistorless current sensing

Asian Tech Press (SEP 23) -- Japan's Toshiba announced its latest stepper motor driver IC TB67S539FTG, designed to provide constant control for office automation, commercial, and industrial equipment. This new driver IC enables constant-current motor control without the need for current-sensing resistors.

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