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Computers and Peripherals Computer Storage and Peripherals

  • *Toshiba urged by banks to sell majority of chip unit- sources. TOKYO, Feb 21- Japan's Toshiba Corp wants to raise at least 1 trillion yen by selling most of its flash memory chip business, seeking to create a buffer for any fresh financial problems, a source with direct knowledge of the matter said. The beleaguered conglomerate was pressured to abandon an initial...

  • *Toshiba urged by banks to sell majority of chip unit- sources. TOKYO, Feb 21- Japan's Toshiba Corp wants to raise at least 1 trillion yen by selling most of its flash memory chip business, seeking to create a buffer for any fresh financial problems, a source with direct knowledge of the matter said. The beleaguered conglomerate's decision to abandon an initial plan...

  • *Toshiba want to complete sale by end of March 2018- source. TOKYO, Feb 21- Toshiba Corp wants to raise at least 1 trillion yen from the sale of a majority stake in its flash memory chip business as a buffer against any fresh financial problems, a source with direct knowledge of the matter said. After flagging a $6.3 billion writedown on its U.S. nuclear unit earlier this...

  • TOKYO, Feb 9- Toshiba Corp has received bids ranging from 200 billion yen to as much as 400 billion yen for a 19.9 percent stake in its flash memory business, a person directly involved in the deal told Reuters on Thursday. Suitors for the Japanese company's chip unit include rivals SK Hynix Inc and Micron Technology Inc, data storage firm Western Digital Corp and...

  • SEOUL, Jan 27- The global memory chip industry is heading into what's been dubbed an ultra-super-cycle, as the challenge of making chips smaller yet more efficient has created supply bottlenecks, while there is soaring demand for data storage- from smartphones and artificial intelligence to autonomous driving and the Internet of Things.

  • The company's net income rose to $297 million, or $1 per share, in the second quarter ended Dec. 30, from $165 million, or 55 cents per share. Excluding items, the company earned $1.38 per share in the quarter, beating the average analyst estimate of $1.08 per share, according to Thomson Reuters I/B/E/S. Revenue fell 3.1 percent to $2.89 billion, but beat the average...

  • TOKYO, Jan 22- With mounting writedowns from its nuclear business, Japan's Toshiba Corp is looking to sell part of its core semiconductors business, a world No.2 in the flash memory chips used in smartphones. But its rush to plug a hole in its U.S. nuclear business that Japanese media now estimate at as much as $6 billion may complicate any asset sale.

  • TOKYO, Jan 20- Japan's struggling Toshiba Corp has started the process to sell a minority stake in its flash memory chip business worth several billion dollars, and funds Permira and Bain Capital have expressed interest, Kyodo news agency reported. Toshiba is expected to sell 20 to 30 percent of the chip business, Kyodo reported, citing unidentified sources.

  • TORONTO, Jan 19- Canadian underwater energy storage company Hydrostor is eyeing $1 billion of contracts to replace decommissioned U.S. peak power plants in the next two or three years, its chief executive said. "We are now by far the lowest cost storage solution, we can be built at scale, we've got our partnerships in place and we're going to start marketing it here in...

  • WASHINGTON, Jan 18- The U.S. International Trade Commission said on Wednesday it had launched on investigation into whether Fujifilm Holdings Corp was violating patents which Sony Corp holds for certain magnetic tape cartridges.

  • TOKYO, Jan 18- Toshiba Corp is in talks to sell a minority stake in its flash memory business to U.S. chips business partner Western Digital Corp in a bid to boost its capital base, a source briefed on the discussions said on Wednesday. Toshiba said in a statement earlier that it had been considering various options for its memory business, including a spin-off, but...

  • SAO PAULO, Jan 11- Real estate tycoon Sam Zell and investment firm Pátria Investimentos Ltda have combined two leading Brazilian self-storage firms in a joint venture that aims to more than double their capacity by 2020, the companies said on Wednesday. Under their plan, the entity resulting from the merger of Zell's GuardeAqui and Pátria's Kipit will open...

  • *SK Hynix also investing 950 bln won to boost China DRAM capacity. SEOUL, Dec 22- South Korea's SK Hynix Inc said on Thursday it will invest 3.16 trillion won in its home country and China to boost memory chip production capacity, seeking to capitalize on growing mobile and data storage demand. The world's No. 2 memory chip maker behind domestic rival Samsung...

  • *Toshiba last month forecast Y130 bln profit for chips division. *China's aggressive investment plans could be future concern. TOKYO, Dec 16- Toshiba Corp expects its chips and devices division, its biggest profit driver, to beat its annual earnings forecast on favorable currency rates and strong demand for flash memory chips, the head of the division said.

  • WASHINGTON, Dec 2- The U.S. Supreme Court on Friday agreed to hear an appeal by printer cartridge reseller Impression Products Inc of a lower court ruling finding it liable for infringing patent rights of Lexmark International Inc when it imported Lexmark's toner products back to the United States after they were sold abroad. At issue is whether foreign sales...

  • WASHINGTON, Dec 2- The U.S. Supreme Court on Friday agreed to hear an appeal by printer cartridge reseller Impression Products Inc of a lower court ruling finding it liable for infringing patent rights of Lexmark International Inc when it imported Lexmark's toner products back to the United States after they were sold abroad. If upheld by the justices, the...

  • HP Inc said it expects an adjusted profit 35- 38 cents per share for the first quarter. Analysts on average were expecting 38 cents per share, according to Thomson Reuters I/B/E/S. HP Inc's net earnings plunged to $492 million, or 28 cents per share, in the quarter ended Oct. 31, from $1.32 billion, or 73 cents per share.

  • BARCELONA, Nov 16- Pioneering computer mouse maker Logitech isn't ready to walk away from the personal computer business just yet, even though its chief executive spends all his time these days thinking how to expand into faster-growing accessory markets. Bracken Darrell, the company's design-minded president and CEO, has devoted his four years in charge of...

  • HONG KONG/ BOSTON, Oct 25- Up to 10,000 webcams will be recalled in the aftermath of a cyber attack that blocked access last week to some of the world's biggest websites, Chinese manufacturer Hangzhou Xiongmai Technology Co told Reuters on Tuesday. In Washington, a member of the U.S. Senate Intelligence committee asked three federal agencies what steps the...

  • In Washington, a member of the U.S. Senate Intelligence committee asked three federal agencies what steps the government can take to prevent cyber criminals from compromising electronic devices. Senator Mark Warner, a Democrat, sent letters asking DHS, the Federal Communications Commission and Federal Trade Commission if they have adequate tools for...