Standard & Poor's cut its credit rating on Toshiba again Friday, warning that the troubled company's finances were quickly deteriorating owing to huge losses at its US nuclear unit.
Embattled Japanese electronics maker Toshiba Corp. is selling its stake in a medical equipment leasing company to Canon Inc. for 31.4 billion yen ($277 million).
Toshiba Corp.'s chairman resigned Tuesday after the company logged such massive losses in its nuclear business that it must sell its lucrative computer-chip business to avoid going belly-up.
Toshiba hinted at a possible fresh accounting scandal Tuesday as it delayed the release of financial results but warned it would lose billions of dollars in its US nuclear power unit.
Toshiba's photo-electrochemical system achieves 0.48% efficiency converting CO2 into ethylene glycol
Toshiba has achieved an advance in photo-electrochemical processing that converts carbon dioxide directly into ethylene glycol with an efficiency of 0.48%. Ethylene glycol is a useful and versatile industrial raw material ...
Japan's national pension fund, the world's biggest, said Thursday it is suing Toshiba over a profit-padding scandal that slashed the value of its stock, as its new boss pledged to overhaul the vast conglomerate.
Scandal-plagued Japanese electronics maker Toshiba Corp. sold its medical unit to Japanese camera maker Canon Inc. for 665.5 billion yen ($5.9 billion) on Thursday, both sides said.
Toshiba plans to cut 7,800 jobs, mostly in its consumer-electronics business, as it reorganizes in the face of projected record losses for the current fiscal year.
Toshiba Corporation today announced that it has developed a new 2-megapixel (MP) CMOS image sensor for automotive cameras, "CSA02M00PB", equipped with the industry's first LED flicker mitigation function. Sample shipments ...