Tuesday, June 19, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft HoloLens Provides Access to Raw Image Sensor streams with Research Mode
CCIX Consortium Base Specification 1.0 Allows Companies to Deliver CCIX Production Devices
YouTube Music and YouTube Premium Launch in More Countries
HPE Says Astra is The World's largest Arm-based Supercomputer
Garmin fēnix 5 Plus GPS Sportswatch Adds Maps, Music, Garmin Pay and Wrist-based Pulse Ox
Google Uses Deep Learning to Predict When a Patient Will Die
Volvo Penta Unveils Self-docking Yacht Technology
iOS 12 Will Automatically Share Your Location with The Police
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Toshiba...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, January 27, 2017
Toshiba to Sell Part Of Its of Chip Unit


Toshiba said Friday it will spin off its chip business in a move expected to raise funds for offsetting massive write-downs in its nuclear operations.



The company is looking to sell less than 20 percent of its memory chip business.

Toshiba Chief Executive Officer Satoshi Tsunakawa said he will do all he can to ensure the company doesn't fall into negative net worth as a result of a writedown on its U.S. nuclear unit.

The company will review its overseas nuclear business, Tsunakawa said, but added it has no plans to sell its infrastructure business.

Toshiba's board on Friday approved plans to make its core memory chip business (including the SSD business, but excluding its image sensor business) a separate company and seek outside investment in it.

DRAMeXchange, a division of TrendForce, believes that from this point on, Toshiba's memory business will have more operational flexibility and stronger fundraising ability. These advantages in the long run will benefit the Toshiba-Western Digital alliance in the forms of expansion in NAND Flash production capacity and increased efficiency in storage product development.

Currently, Toshiba and Western Digital together represent 35% of the global NAND Flash output, according to DRAMeXchange. The leading supplier Samsung has a slightly larger share of 36%, while the Micron-Intel camp and SK Hynix account for 17% and 12%, respectively.

Samsung, SK Hynix and Micron are also the three top DRAM suppliers, so their roadmaps for memory products as a whole are much more developed. By contrast, Toshiba and its ally Western Digital are limited to just the NAND Flash industry. For Toshiba and Western Digital, the capital-intensive nature of the memory industry and the volatility of the end market will make their operational challenges more difficult compared with similar issues encountered by their rivals.

From the financial angle, Toshiba's latest fiscal quarterly report shows that memory sales roughly made up around 15% of the company's total quarterly revenue. However, up to 50% of the company's operating margin for the period also came from the same source. This means that memory has become the main profit driver for Toshiba.



Previous
Next
Cloud Services Boost Microsoft's Sales And Profit        All News        Intel Sees Sales Growth on Data Centers, PC Demand, Proceeds Outlines Plans For Optane Memory And 7nm Chips
Cloud Services Boost Microsoft's Sales And Profit     General Computing News      Intel Sees Sales Growth on Data Centers, PC Demand, Proceeds Outlines Plans For Optane Memory And 7nm Chips

Get RSS feed Easy Print E-Mail this Message

Related News
Value-Optimized Toshiba RC100 NVMe SSDs Now Available
Sharp to buy Toshiba's PC Business
Sharp close to Buying Toshiba's PC Business
Bain Capital to Support Toshiba Memory's Future Acquisitions
Toshiba Completes $18bn Sale of Flash Memory Unit
Toshiba Introduces New XS700 Series of Portable SSDs
Toshiba's Twin-Field Quantum Key Distribution Extends the Limit of Intercity Secure Communications
Toshiba Confirms Approval of $18 billion Chip Unit Sale by China
China Finally Approves Toshiba's Plan to Sell Its Memory Chip Unit: report
Toshiba Weighs Memory Chip Unit Options
Toshiba Releases New Surveillance, Video Streaming Laptop and Desktop Hard Drives
China Opposes SK hynix-Toshiba Deal

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .