Toshiba Corp will invest about 100 billion yen to expand its power semiconductor production over three years through March 2027, aiming to ramp up sales of chips widely used for power control in electric vehicles and industrial devices as part of its turnaround efforts. The technology conglomerate will increase production…
Toshiba Corp. says it will slash up to 6 percent of its workforce in Japan by offering staff early retirement packages and reduce redundant operations by integrating key subsidiaries, in its first major revamp plan for turning its business around after going private late last year.
Toshiba Corp. is delisted, bringing down the curtain on its 74-year history as a listed company following a 2 trillion yen ($14 billion) buyout from a consortium led by Japan Industrial Partners Inc.
BERNAMA - TOSHIBA ENDS 74-YEAR HISTORY AS PUBLIC COMPANY bernama.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bernama.com Daily Mail and Mail on Sunday newspapers.
JIP-led group to take majority Toshiba board seats after delisting japantoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from japantoday.com Daily Mail and Mail on Sunday newspapers.