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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

Earnings Outlook: Micron earnings: Semiconductor shortage leads to heightened expectations

Micron Technology Inc. faces a heightened bar that the company itself raised heading for the rest of the year as widespread chip shortages are helping push up prices for its core memory chips......»»

Category: topSource: marketwatchMar 29th, 2021

Toshiba Memory sees "good chance" of M&A in push for data center business

Japan's Toshiba Memory said there was a "good chance" of acquisitions as it pushes to increase its share of the market for advanced storage products used in data centers......»»

Category: topSource: reutersJul 22nd, 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

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

Activist fund says Toshiba chip unit worth as much as $40 billion

Toshiba Memory, the world's No. 2 producer of NAND chips, is due to be sold for 2 trillion yen ($18.6 billion).....»»

Category: topSource: business-standardApr 6th, 2018

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

Toshiba says memory chip unit sale to boost annual profit by a third

TOKYO (Reuters) - Japan's Toshiba Corp said it expects net income to jump 33 percent this financial year thanks to profits from the planned $18 billion sale of its memory chip unit......»»

Category: topSource: reutersMay 14th, 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

Chinese authorities approve Toshiba unit sale to Bain consortium, Reuters says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMay 17th, 2018

Toshiba chip unit sale to Bain-led consortium wins Chinese regulatory nod

A Toshiba spokeswoman said the company had not confirmed whether there had been any approval by Chinese regulators......»»

Category: topSource: business-standardMay 17th, 2018

China approves Toshiba"s sale of $18B chip unit to Bain consortium

Toshiba said in a brief statement that it expects the deal to be completed on June 1......»»

Category: topSource: foxnewsMay 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

Toshiba receives China antitrust approval to sell memory unit

Toshiba has obtained antitrust approval from China to sell its memory-chip business - Toshiba Memory - to a group led by Bain Capital, according to an NHK report......»»

Category: topSource: digitimesMay 18th, 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 Memory chief shrugs off price concerns, sticks with IPO plans

The chief executive of Toshiba Memory Corp, the world's No. 2 producer of NAND flash memory chips, on Wednesday brushed aside concerns about falling memory chip prices and reaffirmed the company's plan to go public in two to three years......»»

Category: topSource: reutersSep 19th, 2018

As new iPhones go on sale, studies reveal chips from Intel and Toshiba

Apple Inc's latest iPhones hit stores around the world on Friday, featuring components made by Intel Corp and Toshiba among others, according to two firms that cracked open the iPhone Xs and Xs Max models......»»

Category: topSource: reutersSep 21st, 2018

Toshiba has no immediate plans to sell memory chip stake: CEO

Toshiba Corp has no immediate plans to sell its 40.2 percent stake in Toshiba Memory Corp, its chief executive told Reuters, as the world's No. 2 producer of NAND flash memory chips prepares to go public within the next three years......»»

Category: topSource: reutersDec 21st, 2018

2018 review and 2019 outlook: Toshiba Memory revving up to boost competitiveness

Japan-based Toshiba Memory Corp (TMC), now the world's No. 2 supplier of NAND flash memory chips with nearly 20% market share, is striving at full throttles to rival top supplier Sa.....»»

Category: topSource: digitimesJan 21st, 2019

Microsoft"s €4B French AI Push: Tech Expansion Reportedly Intensifies

Join Microsoft as it spearheads France's AI revolution with a €4 billion commitment, part of a global push to fortify cloud and AI infrastructure. Bolstered by local supp.....»»

Category: blogSource: benzinga14 hr. 23 min. ago