Toshiba reports $102 million quarterly net loss
Toshiba reports $102 million quarterly net loss

Toshiba on Monday reported a first-quarter loss of $102 million after sales fell to a two-and-half-year low, in a fresh blow to the Japanese conglomerate after a huge accounting scandal.

Toshiba reports $102 million quarterly net loss

Sales fell 4.5 per cent from a year earlier to 1.35 trillion yen, the lowest since the quarter ended December 2012, due to a poor performance in television and personal computer businesses.

Toshiba posts $318 mn loss in wake of profit-padding scandal

Toshiba left unchanged its previously announced 170 billion yen operating profit on sales of 6.65 trillion yen for its latest fiscal year.

Toshiba taps ex-top execs of major firms as outside directors

Crisis-hit Toshiba said Tuesday it will book a net loss for the last fiscal year, as it scrambles to revise its financial records to account for a billion dollar accounting scandal.

Toshiba, SanDisk introduce 48 layer 256GB flash memory

Japanese company Toshiba in partnership with SanDisk has introduced their 256GB flash chips.

Toshiba CEO Hisao Tanaka, top execs, quit over $1.2 bn scandal

Hisao Tanaka and vice chairman Norio Sasaki -- also a former president -- were the most senior to step down after an independent report found top management complicit in a years-long scheme to pad profits.

Toshiba CEO to step down over accounting scandal

CEO and President Hisao Tanaka will be replaced by Chairman Masashi Muromachi effective Wednesday, the company said in a statement, adding it was considering appointing outside directors to over half of its board seats.

Toshiba CEO to quit in accounting scandal: Sources

Toshiba Corp expects 300-400 billion yen ($2.4-3.2 billion) in charges related to improper accounting in an expanding probe that is set to force Chief Executive Hisao Tanaka to step down, sources familiar with the matter said on Wednesday. 

PM Abe seeking new spark for Japan high-tech, meets Silicon Valley chiefs

 In the 1980s when Sony and Toshiba were setting the agenda in the global TV and memory chip markets Japan was bristling with confidence as a hub of technological innovation.

Japan: Toshiba develops humanoid robot

The Japanese company Toshiba has designed and developed a female-like robot named Chihira.

Toshiba, United Technologies to set up engg centres in India

"This cooperation is the first to result from the companies' recent agreement to further strengthen their strategic collaboration through their joint venture Toshiba Carrier Corporation (TCC)," Toshiba said in a statement.

Apple slapped with lawsuit for poaching A123 engineers

Electric car battery maker A123 Systems has reportedly filed a lawsuit against Apple for poaching at least five of its employees in order to start a large scale battery division of its own.

Toshiba, Einfochips to develop chips for Google's Ara modules

Techno major Toshiba in collaboration with Gujarat-based Einfochips will provide chips for Google's revolutionary modular smartphone project, 'Ara', a senior company executive said here on Wednesday.

Toshiba launches Android powered LED TVs

Japanese electronics giant Toshiba has introduced a new range of smart LED TVs powered by Android that will allow viewers to access a wide range of apps, games and videos.

Toshiba CEO says will consider overseas locations for chip plant

Toshiba Corp will decide during the next business year from April on where to build an additional memory chip plant and will consider overseas locations for the facility, Chief Executive Hisao Tanaka said on Friday.

Toshiba's Finnish subsidiary bags euro 1 mn/year contract

Toshiba Corporation's Finnish subsidiary, Landis+Gyr, has bagged a contract worth around 1 million euro per year from Elenia Oy - an electricity distribution firm in Finland - for the supply of transformers.

Toshiba in pact with UTC to strengthen strategic collaboration

The companies have set a target to accelerate growth and double the unit's USD 1.6 billion annual revenues by the next decade, it said.

Toshiba Q1 net profit surges 68.7%

Toshiba said Thursday its first-quarter net profit climbed 68.7 percent due to brisk sales in infrastructure business and PCs in Japan.

Toshiba aims to be among top 3 in PC market in India

The company is also looking at expanding its retail presence by adding 25 new stores through the franchise route this year.

Toshiba sues Powerchip in Taiwan over memory chip patent

Toshiba Corp, a top maker of flash memory chips used in smartphones, said on Tuesday it has filed suit in a Taiwan court against Taiwan`s Powerchip Technology Corp and three other firms charging infringement of its flash memory patents.