Thursday, September 20, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Xiaomi Launches the Mi 8 Lite And Mi 8 Pro Smartphones in China
Airbnb to Comply with European Commission Demands, Facebook and Twitter Need to Do More
Pioneer Unveils New Flagship UDP-LX800 UHD BD Player
Nvidia Said to Chose TSMC Over Samsung For GPU Production
Japanese Cryptocurrency Exchange Zaif Hacked
New Samsung Galaxy A7 Smartphone Has Triple Lens Module
Nintendo Switch Online has Arrived
Cadence Tensilica DNA 100 Processor IP for On-Device AI
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

Monday, April 23, 2018
Toshiba Weighs Memory Chip Unit Options


Toshiba will probably miss a May 1 deadline to sell its memory chips business to a Bain Capital-led group, but says that it still intends to close transaction as soon as possible.

Chinese regulators are now conducting a third review of the deal, which is due to be completed by May 28. The process was originally supposed to be wrapped up by March 31.

Toshiba originally put its memory business on the block under duress when it needed billions to pay for losses in its nuclear operations, but it has since raised cash to alleviate those concerns.

"Toshiba still intends to close the memory business transaction as soon as possible, and has not decided any concrete policy for the alternative, including termination of the transaction under certain circumstances," Toshiba said n a statement.

The sale may have been caught up in the increasingly acrimonious U.S.-China trade dispute because Bain Capital s an American company.

China's manufacturers buy memory chips from Toshiba and others and the country is also spending billions to build up its domestic industry. Officials at China's Ministry of Commerce could impose conditions that would impact the value of the business, such as requiring Toshiba to freeze prices or separate its solid-state disk and chip memory operations.



Previous
Next
7nm Volume Production to Fuel TSMC's Profits This Year        All News        Google Chat Launches to compete with Apple's iMessage
7nm Volume Production to Fuel TSMC's Profits This Year     General Computing News      Semiconductor Revenue Grew in 2017 as Samsung Takes Over No. 1 Position

Get RSS feed Easy Print E-Mail this Message

Related News
Toshiba Memory Accelerates 96-layer 3D flash Memory Production, Sticks with IPO Plans
Toshiba Posts Quarterly Profit on Chip Sale
Toshiba Delivers First SSD Using 96-Layer 3D Flash Memory
Western Digital and Toshiba Begin Sampling 96-layer QLC NAND
Toshiba Develops 703cm2 Film-based Perovskite Photovoltaic Module With a 11.7 Percent Power Conversion Efficiency
Toshiba Delivers RM5 vSAS Series SSDs Targeting SATA Applications
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

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 .