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Most Read articles – Nvidia-ARM, Grace CPU, Toshiba resignation Let’s check out which are the five most read articles on ElectronicsWeekly.com that were written in the last week, using the stats from Google Analytics. It’s a chance to see what your peers have been reading. What are the areas covered this week? There’s government funding for process technology, the size of TSMC’s profits, the resignation of the Toshiba CEO, Nvidia planning an Arm-based server CPU, and the possibility the takeover of Arm by Nvidia could be delayed by lawsuits… Mannerisms] It’s a trifle odd when a country with a world market share of 55% gets into a tizzy about the threat posed by a country with 5% market share. According to IC Insights, the USA has 55% market share in ICs and China has 5%. Yet the USA is proposing a raft of multi-tens of billion dollar programmes to increase its capability in chip production. It’s nice for the US industry to have buckets of moo ....
HOME > BUSINESS > Toshiba CEO to step down as board meets Wednesday to consider his future: source Toshiba CEO to step down as board meets Wednesday to consider his future: source Reuters | Apr 13, 2021 09:14 PM EDT Toshiba Corp s CEO Nobuaki Kurumatani attends a news conference at the company s headquarters in Tokyo, Japan (Photo : REUTERS/Issei Kato) Toshiba Corp Chief Executive Nobuaki Kurumatani plans to step down as other board members consider his future at the industrial conglomerate amid controversy over a $20 billion buyout bid from his former employer, CVC Capital Partners, a source with knowledge of his decision said. Kurumatani, who has run the company for three years, faces a board meeting on Wednesday that will consider removing him, according to the source and another one with knowledge of the discussion. Local media said company Chairman Satoshi Tsunakawa was a possible successor. ....
Toshiba CEO resigns, shares surge on bidding war expectations - Netscape Money & Business netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.
By Makiko Yamazaki TOKYO (Reuters) -Toshiba Corp CEO Nobuaki Kurumatani resigned on Wednesday amid controversy over a $20 billion buyout bid from CVC Capital Partners and the conglomerate s shares surged on reports that more suitors were planning offers. Toshiba Chairman Satoshi Tsunakawa will become chief executive, the company said in a statement. The statement gave no reason for the resignation but Kurumatani has come under much fire over the bid from CVC, his former employer, and his testy relations with the company s large activist shareholder base. A news conference is planned at 12.30 local time. (0330 GMT) His departure could upend CVC s offer last week to take Toshiba private at a time when rival suitors are said to be weighing bids. ....