Showing posts with label Toshiba. Show all posts
Showing posts with label Toshiba. Show all posts

Monday, 26 October 2015

Toshiba to sell sensor business to Sony for around $165 million: sources

Pedestrians walk past a logo of Toshiba Corp outside an electronics retailer in Tokyo September 14, 2015.Toshiba Corp is set to sell its image sensor business to Sony Corp for around 20 billion yen ($164.68 million) as part of a restructuring plan laid out earlier this year, sources with knowledge of the deal said on Saturday.

Toshiba, whose businesses range from laptops to nuclear power, is undergoing a restructuring after revelations this year that it overstated earnings by $1.3 billion going back to fiscal 2008/09.

Image sensors, which are used in digital cameras and smartphones, are part of Toshiba's system LSI semiconductor business. Toshiba plans to sell its image sensor manufacturing plant in Oita, southern Japan, and pull out of the sensor business altogether, said the sources, who declined to be identified.

The sale is likely to be finalised soon, the sources said.

Toshiba is considering several options for its system LSI semiconductor business and its discrete semiconductor business and that debate is ongoing, a Toshiba official said when contacted.

An official from Sony declined to comment.

Masashi Muromachi, who became Toshiba's CEO following the accounting scandal, has promised to restructure lower-margin businesses.

The deal for the image sensor business would be the beginning of the restructuring, Nikkei reported earlier on Saturday.

Sony is already a dominant player in the image sensor market, with its products used in phones made by China's Xiaomi and India's Micromax Informatix Ltd.
Source Reuters
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Tuesday, 3 June 2014

Toshiba sues Powerchip in Taiwan over memory chip patent

The logo of Toshiba Corp is seen at an electronics store in Yokohama, south of Tokyo, June 25, 2013.

(Reuters) - 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.
A Toshiba spokesman said the company was seeking T$100 million ($3.3 million) in compensation in the case. The company is also seeking a halt of the sale and manufacture of products that it says infringe its patents.
In March, Toshiba also filed suit against South Korea's SK Hynix Inc seeking damages in a case over suspected theft of data related to its flash memory chip technology. ($1 = 29.9855 Taiwan New Dollars)
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