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Lite-On Tech reportedly mulling selling storage subsidiary

EMS provider Lite-On Technology reportedly plans to sell its storage business consisting of SSD products, with Toshiba Memory being identified as a potential buyer, according to industry sources......»»

Category: topSource: digitimesAug 8th, 2019

Toshiba Pessimistic About Prospects for $18 Billion Chip Deal

Toshiba is accelerating a review of alternatives to selling its NAND flash-memory unit to a group led by Bain Capital because company officials consider near-term Chinese antitrust approval unlikely......»»

Category: smallbizSource: wsjMay 8th, 2018

Bain says will help Toshiba Memory pursue big acquisitions

TOKYO (Reuters) - Bain Capital, which led the $18 billion acquisition of Toshiba Memory Corp, said on Monday it plans to support the business in pursuing M&A in the chip industry, including potentially large deals......»»

Category: topSource: reutersJun 4th, 2018

Toshiba posts record quarterly profit on chip sale, outlook unclear

Japan's Toshiba Corp reported a record quarterly net profit on Wednesday, thanks to the $18 billion sale of its flash memory chip business earlier this year to a consortium led by U.S. private equity firm Bain Capital......»»

Category: topSource: reutersAug 8th, 2018

Tsinghua Unigroup to dissolve loss-laden storage subsidiary

Unic Memory Technology, a loss-laden storage business unit under China's Tsinghua Unigroup, will be dissolved as part of the group's efforts to restructure its organization, according to market sources......»»

Category: topSource: digitimesMar 19th, 2020

Exclusive: China Everbright Group to restructure, pursue billion-dollar HK IPO - sources

State-owned financial conglomerate China Everbright Group aims to restructure its sprawling business and pursue a billion dollar IPO next year in Hong Kong, three people with direct knowledge of the matter told Reuters on Thursday......»»

Category: topSource: reutersOct 10th, 2019

Exclusive: Cigna seeks sale of group benefits insurance business - sources

U.S. health insurer Cigna Corp is exploring a sale of its group benefits insurance business, which could be valued at as much as $6 billion, four people familiar with the matter said on Tuesday......»»

Category: topSource: reutersAug 20th, 2019

Total takes on Toshiba"s U.S. LNG business after Chinese buyer pulls out

Total will take over Toshiba's U.S. liquefied natural gas business and get $800 million cash from the Japanese group as part of the deal, the companies said on Saturday, weeks after attempts to sell it to a Chinese buyer fell through......»»

Category: topSource: reutersJun 1st, 2019

Huawei stepping up memory chip purchases from Japan, Korea

Huawei is looking to step up purchases of memory chips from its Japan- and South Korea-based suppliers, including Toshiba Memory and SK Hynix, according to industry sources......»»

Category: topSource: digitimesMay 24th, 2019

Foxconn"s chip boss tipped to be Taiwanese group"s next chairman: sources

The world's largest contract manufacturer Foxconn is poised to nominate the head of its chip business as chairman to succeed Terry Gou, who plans to run in Taiwan's presidential election, two people with direct knowledge of the matter said......»»

Category: topSource: reutersMay 13th, 2019

Toshiba still aiming to complete sale of memory chip unit soon

TOKYO (Reuters) - Toshiba Corp said on Monday it is still aiming to complete the sale of its memory chip business soon, following media reports it had decided to cancel the $18.6 billion sale if it did not get approval from Chinese regulators by May......»»

Category: topSource: reutersApr 22nd, 2018

China Approves Toshiba"s $18 Billion Sale of Its Memory-Chip Unit

Private-equity firm Bain Capital received approval from Chinese antitrust regulators for its deal to buy Toshiba’s memory-chip unit......»»

Category: smallbizSource: wsjMay 17th, 2018

China approves sale of $18 billion Toshiba chip unit to Bain-led consortium: NHK

TOKYO (Reuters) - China regulatory authorities have approved the $18 billion sale of Toshiba Corp's chip unit to a consortium led by U.S. private equity firm Bain Capital, Japanese public broadcaster NHK reported on Thursday, without citing sources......»»

Category: topSource: reutersMay 17th, 2018

China approves sale of Toshiba"s chip unit to group led by Bain Capital

China has approved the sale of Toshiba's prized chip unit to a group of investors led by the private equity firm Bain Capital......»»

Category: topSource: cnnMay 17th, 2018

Exclusive: KKR close to signing deal for Altice"s telecom towers - sources

MADRID/LONDON (Reuters) - Private equity firm KKR is close to buying a stake in the telecom towers business of Altice , three sources told Reuters, a deal that will help the telecoms and cable group to pay down debt and reshape its European operations......»»

Category: topSource: reutersJun 18th, 2018

Exclusive: Alibaba merging China food delivery units to counter Tencent-backed Meituan - sources

Alibaba Group plans to merge its food delivery units and raise funds for the combined business, intensifying a battle with Tencent-backed Meituan Dianping for dominance of China's booming on-demand services market, four people told Reuters......»»

Category: topSource: reutersAug 7th, 2018

Exclusive: 2-DEER: China"s HNA Group seeks buyer for $300 million "Dream Jet" - sources

Cash-strapped Chinese conglomerate HNA Group has put up for sale its luxurious $300-million-plus Boeing 787 corporate "Dream Jet" with registration "2-DEER", say six aviation industry sources familiar with the matter......»»

Category: topSource: reutersOct 25th, 2018

Memory demand for notebooks still robust

Brand notebook vendors and OEMs continue to step up their pace of chip orders, including those for memory chips and devices, despite overbooking concerns, according to sources at memory suppliers......»»

Category: topSource: digitimesMar 16th, 2021

Exclusive: $50B global investment firm eyes new office in Dallas, sources say

A multi-billion dollar global investment manager based in New York is looking to grow its office presence in North Texas, sources with knowledge of the deal told the Dallas Business Journal......»»

Category: topSource: bizjournalsFeb 27th, 2021

DRAM and flash memory supply to stay tight in 2H21, says Winbond

A rally in DRAM and flash memory prices will boost Winbond Electronics' memory business revenue in March and April, according to Pei-Ming Chen, president for the specialty DRAM and NOR flash chip specialist......»»

Category: topSource: digitimesFeb 23rd, 2021