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Toshiba makes it back to black

Toshiba makes it back to black

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...
Toshiba Memory sale: Plan B?

Toshiba Memory sale: Plan B?

Reports imply that the OEM’s executives are making preparations in case the unit sale collapses. Toshiba is putting in place a contingency plan should the long-mooted sale of its memory chip business to Bain Capital fall through, according to the Financial Times, (as...
Toshiba finds buyer for Westinghouse

Toshiba finds buyer for Westinghouse

The OEM has finally found a buyer for its defunct nuclear plant, Westinghouse, which it bought back in 2006. A Canadian investment firm is proposing to purchase Westinghouse Electric, Toshiba’s bankrupt nuclear plant. The OEM decided to sell Westinghouse last year,...