Toshiba Corp appointed a former banker from a key creditor bank as CEO and forecast its first annual profit in four years, making progress in its efforts to recover from billions of
Toshiba Corp is set to sell its image sensor business to Sony Corp for around 20 billion yen ($164.68 million).The sale is likely to be finalised soon, the sources said. The company
Japan’s Toshiba Corp said it would cut 900 jobs in a restructuring of its PC business that will include an exit from business-to-consumer operations in some regions. The Japanese electronics conglomerate expects
The US Securities and Exchange Commission (SEC) has completed its probe on how International Business Machines Corp (IBM) reports revenue from its cloud computing business and does not intend to recommend any
Toshiba Corp, a top maker of flash memory chips used in smartphones, said that it has filed suit in a Taiwan court against Taiwan’s Powerchip Technology Corp and three other firms charging
Global revenue in the power semiconductor business dropped by nearly 16 percent in 2012 as sluggish consumer demand, falling pricing and other factors conspired to undercut the market, according to a upcoming