Toshiba
China okays Toshiba chip unit sale
May 18, 2018
The OEM can breathe a sigh of relief as the long-awaited sale of its chip unit to a Bain Group-led consortium is approved by China. As The Register reports, the Chinese government has announced that it will not “stand in the way” of Toshiba’s sale to Bain Capital. With the sale already having been approved […]
Toshiba makes it back to black
May 16, 2018
The formerly floundering OEM has experienced an upturn in its fortunes, making it back into the black and avoiding being delisted from Tokyo’s Stock Exchange. As ABS-CBN reports, Toshiba “bounced back into black after a disastrous year”, and a result will avoid the delisting it had feared. “We were able to exit from a critical […]
