We’ve known for weeks that Toshiba was in rough shape and seeking to raise additional revenue through a potential partial sale to Western Digital, but events on Tuesday pushed the company’s position from “really bad” to “implosion imminent.” Today, Toshiba announced that it would take a $6.2 billion write-down on …
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Toshiba is investigating radical options for restructuring in the wake of its 2015 accounting scandal and a massive write-down on the value of its US nuclear business. The company has confirmed that it is evaluating splitting its semiconductor business with longtime partner Western Digital, and that any entity created in …
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As sales and profit margins on traditional PCs continue to shrink, so to do the number of PC makers. Some go out of business, only to have their carcasses picked over by competitors, but others see the writing on the wall and join forces before it’s too late. Such is …
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