Westinghouse
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 […]
Toshiba Memory sale: Plan B?
January 22, 2018
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 reported by CNBC). The $18 billion (€14.7 billion) sale, arranged to cover billions […]
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