Toshiba Unveils World's First 14tb Conventional Magnetic Hard Drive

Toshiba unveils world's first 14TB conventional magnetic hard drive

Toshiba has unveiled what it claims is the first ever Conventional Magnetic Recording (CMR) Hard Drive (HDD) with a massive 14TB capacity. This drive, which is billed as a model for enterprise use, boasts nine disks and a helium-sealed design, 3.5in form factor, 7200rpm speed, and a 6Gbit/s SATA interface.

Toshiba announced the new drive, which is part of the new MG07ACA series, last week alongside a smaller 12TB 8-disk model. Both hard drives boast a lower operating power profile than the previously launched MG06ACA series, according to Toshiba, as well as better storage density.

Share Allocation Paved Way For Tense Toshiba-western Digital Reconciliation

Share allocation paved way for tense Toshiba-Western Digital reconciliation

Troubled Toshiba Corp. now looks likely to settle a dispute with its erstwhile U.S. partner Western Digital Corp. What made that possible, however, was the some 600-billion-yen third-party allocation of shares on Dec. 5 that saved the Japanese tech giant from financial oblivion.

Toshiba at first planned to extricate itself from its capital deficit by spinning off and selling its semiconductor unit, Toshiba Memory, by March 2018. If it didn't succeed, there were serious fears the iconic electronics firm would be delisted from the Tokyo Stock Exchange. However, the massive share offering suddenly meant that Toshiba no longer had to rush the memory unit sale, giving it an advantage in its negotiations with Western Digital.

Toshiba To Remove Times Square Advertising In Cost-cutting Move

Toshiba to remove Times Square advertising in cost-cutting move

Toshiba Corp. will remove its corporate logo from its prominent position atop the One Times Square Building overlooking New York's iconic tourist hub as part of cost-cutting efforts, sources close to the matter said Wednesday.

In addition to terminating its contract for the Times Square screen in the first half of next year, the company has also formally decided to end its sponsor's agreement with two long-running Japanese television programs -- a popular cartoon show and a Sunday night drama -- at the end of March, the sources said.

Toshiba To Release 'low-reflection' Residential Solar Panel

Toshiba to Release 'Low-reflection' Residential Solar Panel

Toshiba Corp will release a new product of the "GX Series" high-efficiency, low-priced residential solar panel Nov 20, 2017.

The new product, "TGX-280PM-WHT-J," has a nominal maximum output of 280W. The manufacturer's suggested retail price of the product is ¥126,800 (approx US$1,121, excluding tax).

Toshiba Board To Ok Plan To Raise ¥600 Bil. To Stay On Tse

Toshiba board to OK plan to raise ¥600 bil. to stay on TSE

ReutersTOKYO (Reuters) — Toshiba Corp. will decide on Monday to raise some $5 billion from overseas investors, allowing the troubled conglomerate to remain a publicly traded company even if the sale of a key business is delayed, two people with direct knowledge of the process said.

Toshiba, reeling from the bankruptcy of its U.S. nuclear unit Westinghouse Co. in the wake of an accounting scandal, needs to raise ¥750 billion by the end of March to avoid being kicked off the Tokyo Stock Exchange.

Toshiba Mulling 600 Billion Yen Capital Injection As Backup For Clearing Debts

Toshiba mulling 600 billion yen capital injection as backup for clearing debts

Struggling electronics giant Toshiba Corp. is considering raising capital in the region of 600 billion yen (about $5.28 billion) to assist with its business turnaround, it has been learned.

The proposed capital would act as financial backup in the event that the firm fails to clear its excessive debts through selling its lucrative semiconductor unit by the end of March 2018.

Toshiba May End Decades-long Sponsorship Of Popular Japanese Cartoon

Toshiba may end decades-long sponsorship of popular Japanese cartoon

Toshiba Corp., reeling from massive losses from the bankruptcy of its U.S. nuclear unit, is considering quitting as sponsor for the popular cartoon show "Sazae-san" after 48 years, sources familiar with the matter said Tuesday.

Airing on Sunday evenings since October 1969, the cartoon has been recognized by Guinness World Records as the longest-running animated series in the world.

Toshiba To Continue Walking Tightrope

Toshiba to continue walking tightrope

By Ryuichi Washio and Shota Mizuno / Yomiuri Shimbun Staff WritersDifficulties remain for Toshiba Corp., despite its shareholders voting at an extraordinary general shareholders meeting Tuesday to approve a plan to sell the company's flash memory unit, Toshiba Memory Corp. They also voted to appoint executives at the meeting, held at the Makuhari Messe convention center in Chiba.

Problems include the ongoing confrontation with Western Digital Corp. of the United States, Toshiba's partner in manufacturing flash memory units.

Tse's Decision To Remove Toshiba Shares From Watch List Seen As Too Soft

TSE's decision to remove Toshiba shares from watch list seen as too soft

The Tokyo Stock Exchange (TSE)'s decision on Oct. 11 to remove struggling Toshiba Corp. shares from its watch list partially puts an end to the firm's accounting scandal chapter -- which first came to light in 2015 -- but some still doubt that this move really wipes the slate clean.

Trust in the electronics giant has plummeted due to a spate of accounting scandals, and there remains skepticism over TSE's two-year screening process that led to its conclusion on Oct. 11. Furthermore, the company still faces the genuine risk of being delisted from the stock exchange, owing to excessive debts, thereby making it difficult to claim that Toshiba has put an end to its financial problems.

Apple-bain Consortium Acquires Toshiba Flash Memory Unit For $18 Billion

Apple-Bain Consortium Acquires Toshiba Flash Memory Unit for $18 Billion

Toshiba just announced that a deal has been reached to sell a part of its company responsible for making flash memory chips to a consortium of companies that include Bain Capital and Apple.

It’s no secret that Apple is getting its memory chips from Samsung, and the fact that only Samsung can provide a large enough quantity puts it in a very strong position. This is where the Toshiba transaction becomes really important, not just because of the huge sum of money involved, but because it changes who things work in the market.

Toshiba Seals Deal To Sell Chip Unit To Japan-u.s.-s. Korea Group

Toshiba seals deal to sell chip unit to Japan-U.S.-S. Korea group

Toshiba Corp. signed a deal Thursday to sell its chip unit to a Japanese-U.S.-South Korean consortium for 2 trillion yen ($17.8 billion), ending a prolonged bidding process and taking a major step toward restructuring.

The Japanese technology conglomerate announced last week it was selling Toshiba Memory Corp. to the consortium led by U.S. investment fund Bain Capital, rejecting a counterbid from its longtime partner Western Digital Corp.

Toshiba Unable To Seal Chip Unit Sale Deal At Board Meeting

Toshiba unable to seal chip unit sale deal at board meeting

TOKYO (Kyodo) -- Toshiba Corp. on Thursday missed a deadline set by its creditors to sign an agreement for the sale of its profitable chip unit by the end of August after aiming to seal a deal with a Western Digital Corp. group, saying it is still in talks with two other consortia.

Toshiba had been aiming to make a final decision at a board meeting held Thursday to clinch a deal with the Western Digital group as it reached a broad accord on the chip unit sale with the U.S. firm, which has jointly invested in Toshiba's Yokkaichi flash memory plant in central Japan. But it decided to discuss other competing bids as well at the last minute.

Toshiba To Give Western Digital Exclusive Negotiation Rights On Chip Unit Sale

Toshiba to give Western Digital exclusive negotiation rights on chip unit sale

Toshiba Corp. finalized its decision to give exclusive negotiation rights to a U.S.-Japan consortium led by joint-investor Western Digital Corp. for the sellout of its chip unit Toshiba Memory Corp. The decision is to be approved at a board meeting on Aug. 31.

The fine details of the sale, such as the degree of management power awarded to Western Digital over the unit, will be discussed with the goal of reaching a final agreement by mid-September.

Rugby: Ntt Comms Dial The Right Number To Beat Toshiba

Rugby: NTT Comms dial the right number to beat Toshiba

NTT Communications Shining Arcs picked up their first win of the new Japan Rugby Top League season Friday thanks to a not-so-modern form of communication, some old fashioned brute force and some sublime handling.

The introduction of a mobile phone to the field to help referee Kyosuke Toda communicate with the TMO and a huge hit from Amanaki Lelei Mafi saw the Shining Arcs score two unanswered tries in the final 23 minutes as they beat Toshiba Brave Lupus 25-14 at Prince Chichibu Memorial Rugby Ground.