Toshiba appoints new leader to drive Asian expansion
Toshiba has appointed Ryuji Maruyama as new managing director for Asia Pacific, tasked with expanding the vendor’s presence regionally.
Toshiba has appointed Ryuji Maruyama as new managing director for Asia Pacific, tasked with expanding the vendor’s presence regionally.
Asian manufacturers are moving to shift production from China to other factories in the region in the wake of U.S. tariffs on Chinese imports.
Apple’s latest iPhones hit stores around the world on Friday, featuring components made by Intel and Toshiba among others.
The CEO of Toshiba Memory has brushed aside concerns about falling memory chip prices and reaffirmed the company's plan to go public.
Toshiba has reported a record quarterly net profit thanks to the US$18 billion sale of its flash memory chip business earlier this year.
Sharp will buy Toshiba’s personal computer business for US$36 million, marking a return to a business it quit eight years ago.
Sharp is in talks to finalise a deal to buy Toshiba’s personal computer business for around US$45.7 million, amid plans to re-enter the PC market.
Toshiba has completed the US$18 billion sale of its chip unit to a consortium led by Bain Capital, with the Japanese tech giant repurchasing a substantial stake in the business.
Toshiba has said that China regulators have approved the US$18 billion sale of its chip unit to a consortium led by U.S. private equity firm Bain Capital.
A Hong Kong-based activist investment fund thinks the US$18 billion price tag on Toshiba's chip unit could be worth double its agreed price.
Toshiba could have more options for its chip unit after China said it was still reviewing a proposed US$18 billion acquisition by a Bain Capital-led consortium.
Toshiba has named Nobuaki Kurumatani, a former executive of Sumitomo Mitsui Financial Group, as its next chairman and chief executive.
Toshiba is considering a public listing for its prized memory chip business if its US$18 billion sale to Bain Capital fails to gain approval.
By Bharat Bedi, SolarWinds, Head of Sales, APJ