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Taiwan`s Foxconn says Toshiba deal `not over`

The head of Taiwan`s tech giant Foxconn said Thursday its pursuit of Toshiba "is not yet over", a day after the Japanese firm announced it preferred another group of bidders to acquire its prized chip business.

Toshiba chairman Shigenori Shiga quits post over huge losses

Toshiba chairman Shigenori Shiga quits post over huge losses

Toshiba said on Tuesday its chairman Shigenori Shiga was stepping down from his post as the company warned it was set to book multi-billion-dollar losses in its US nuclear business.


Mercedes, GE among 'Make in India' investors

Mercedes, GE among 'Make in India' investors

Domestic and foreign companies like Mercedes Benz India, General Electric, Toshiba and PepsiCo have made investments under the government's 'Make in India' scheme between 2014 and 2016, Parliament was informed.

Uniqlo bans Bangladesh travel after Islamist killings

Uniqlo bans Bangladesh travel after Islamist killings

The Japanese operator of fast fashion giant Uniqlo has banned non-essential travel to Bangladesh and ordered its staff there to stay at home, days after militant Islamists killed foreigners in a bloody siege.

Toshiba says cooperating with US on 'accounting problem'

Toshiba says cooperating with US on 'accounting problem'

The company has been roiled by a profit-padding scandal, in which high-handed bosses for years systematically pushed their subordinates to cover-up weak financial figures.

Toshiba to invest $3.2 bn in new Japan chip facility

 Toshiba Corp said it plans to invest 360 bn yen ($3.2 bn) to build a new semiconductor facility in Japan, showing it wants to grow its chip business even as it eyes the sale of other units such as appliances and healthcare.

Scandal-hit Toshiba warns of record annual loss

Toshiba warned it expects to post a record annual loss of USD 4.5 billion and slash thousands of jobs.

Toshiba set to forecast a record annual loss of $4.13 billion

Toshiba Corp is expected to forecast a record net loss of more than 500 billion yen (USD 4.13 billion) for the year ending March on restructuring costs, Nikkei reported on its website on Saturday.

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. 

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.