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Business Oct 13, 2017

Toshiba, Bain executives join in push for memory-chips sale

At Toshiba's flash-memory chip plant in Yokkaichi, the orderly quiet of the clean room, with its metal boxes zipping around on overhead rails, contrasts sharply with the messy feud between its owners over plans to sell this ...

Business Oct 5, 2017

Bain hoping to settle with Western Digital on Toshiba deal

The investment fund heading the consortium that plans to buy Toshiba Corp.'s memory chip business said Thursday it will try to reach a speedy settlement with Western Digital, the U.S. joint venture partner of Toshiba that ...

Business Sep 28, 2017

Troubled Toshiba, Bain finalize sale of memory-chip business

Toshiba and a consortium led by Bain Capital Private Equity signed a deal Thursday for the sale of the Japanese electronics company's computer memory chip business, a move long opposed by Toshiba's U.S. joint venture partner ...

Business Sep 27, 2017

SK Hynix to put 395 billion yen in Toshiba's chip unit sale

SK Hynix Inc. says it will invest 395 billion yen ($3.5 billion) partly through convertible bonds to purchase Toshiba's memory chip unit.

Business Sep 20, 2017

Toshiba board decides on chip sale to Bain Capital group

Toshiba's board signed off Wednesday on selling its computer chip business to a group led by Bain Capital Private Equity, but the deal's future remains unclear as Toshiba's U.S. joint venture partner Western Digital opposes ...

Business Sep 17, 2017

Apple, Dell join bid to buy Toshiba's chip business: US fund

US tech titans Apple and Dell have joined a bid to buy Toshiba's memory chip business, a deal seen as key to the survival of the cash-stripped Japanese industrial conglomerate, the US investor leading the consortium has said.

Business Sep 13, 2017

Toshiba agreement on sale to Bain-led consortium protested

Toshiba's long meandering sale of its computer memory business took another turn Wednesday, as the Japanese nuclear and electronics company's announcement of a deal with a consortium was immediately met with opposition from ...

Business Aug 31, 2017

Toshiba says three groups vying for prized chip unit

Toshiba said Thursday that three groups are vying for its memory chip business, as reports said Apple has jumped into the race with a consortium offering to pay about $20 billion for the unit.

Space Exploration Aug 18, 2017

First eclipse in 99 years to sweep North America

The first total solar eclipse to sweep North America in nearly a century will march across the continent August 21, casting a shadow over millions of people from coast to coast.

Business Aug 9, 2017

Smartphone screen maker Japan Display cutting 30% of workforce

Japan Display said Wednesday it would slash 3,700 jobs, or about 30 percent of its workforce, as the struggling smartphone screen maker's chief executive warned it was the "last chance" for a turnaround.

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