70°

Toshiba Considering Splitting Off Chip Business and Listing It

Toshiba Corp said on Friday it was considering splitting off part of its chip business, with listing it an option, in a move that would help it raise capital needed to fund restructuring following a $1.3 billion accounting scandal.

Toshiba is in urgent need of restructuring after profit-padding revealed a number unprofitable businesses. It agreed in October to sell its image sensor business to Sony Corp.

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Community3062d ago
80°

According to Elon Musk, writing essays will soon be possible on Twitter

Also read: This full length article provides briefing about virtual data room for startup. You too can contact if you are new at your business.

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cruzingspeed.com
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402d ago
60°

The first foldable smartphone will be released soon, OnePlus confirmed

The second half of 2023 will see the introduction of a foldable smartphone, according to OnePlus.

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Community413d ago
70°

A first-generation iPhone recently set a record at auction, selling for $63,356

If you have a brand-new, sealed first-generation iPhone, you could bring it to an auction house. A device from Apple that fit that description sold over the weekend for a record amount for an iPhone: $63,356, which is more than one hundred times the cost of the device.

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Community421d ago