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Hardware Semiconductors and Semiconductor Equipment

  • TOKYO, June 29- Western Digital Corp said on Thursday that legal action and other moves taken by Toshiba Corp in their dispute over the sale of its prized memory chip unit were harming Toshiba's stakeholders and customers. The two have been feuding bitterly over the $18 billion sale, particularly after Toshiba chose a different consortium as it is preferred...

  • TOKYO, June 29- Western Digital Corp said on Thursday that legal action and other moves taken by Toshiba Corp in their dispute over the sale of its prized memory chip unit were harming Toshiba's stakeholders and customers. Toshiba filed a lawsuit on Wednesday against Western Digital- which jointly runs Toshiba's main semiconductor plant- for 120 billion yen,...

  • TOKYO— Toshiba Corp. said Wednesday it is suing its joint venture partner Western Digital over the U.S. company's opposition to a plan to sell the Japanese electronics and energy giant's memory chip unit. Financially strapped Toshiba needs the cash from selling its flash memory unit to survive, but Western Digital contends its Japanese partner has no right to...

  • LONDON, June 28- A slump among technology stocks after a global cyber attack added to depressed crude prices to cast a cloud over European shares on Wednesday, sending them to their lowest in two months. The pan-European STOXX 600 hit its lowest since April 24 in early deals, down 0.7 percent, in step with euro zone stocks and blue-chips. Technology stocks fell 1.2...

  • CHIBA, Japan, June 28- Japan's Toshiba Corp has pushed back its timeline to clinch a sale of its prized flash memory chip unit, saying the $18 billion deal was being held up due to differences of opinion within the consortium chosen as preferred bidder. The hotly contested auction has seen a consortium, led by Japanese government investors and including U.S....

  • CHIBA, Japan, June 28- Japan's Toshiba Corp faced shareholders at its annual meeting on Wednesday with no deal in hand for the sale of its prized flash memory chip unit and a long list of humiliating setbacks to apologize for. But the conglomerate said in a statement on Wednesday that talks with some members of the preferred bidder consortium- which is led by...

  • CHIBA, Japan, June 28- Japan's Toshiba Corp is expected to face the wrath of shareholders at its annual meeting on Wednesday after failing to sign a deal to sell its flash memory chip unit by a self-imposed deadline. But the preferred bidder, a group led by Japanese government investors and including U.S. private equity firm Bain Capital, has not agreed on...

  • *Resubmitted bid will invite Japan govt investors- sources. TOKYO, June 27- Western Digital Corp and U.S. private equity firm KKR& Co LP have resubmitted an offer for Toshiba Corp's flash memory chip unit, in an eleventh hour effort to prevent the conglomerate signing a deal with its preferred bidder. The resubmission adds to uncertainty about whether Toshiba will...

  • *Toshiba aims to sign pact with Japan govt-led group by Wed. TOKYO, June 27- Western Digital Corp said it and U.S. private equity firm KKR& Co LP have resubmitted a bid for Toshiba Corp's prized flash memory chip unit- an eleventh hour effort to prevent Toshiba signing a deal with its preferred bidder. Toshiba is seeking to sign a definitive agreement with a group led by...

  • TOKYO, June 27- Western Digital Corp said it and private equity firm KKR& Co LP had resubmitted a bid for Toshiba Corp's prized flash memory chip unit. As part of the bid, Western Digital will provide debt financing to facilitate a sale, the U.S. firm said in a brief statement. Toshiba is seeking to sign a definitive agreement with its preferred bidder- a group led by the...

  • TOKYO, June 26- Western Digital Corp has told Toshiba Corp that it will not agree to a sale of the Japanese conglomerate's prized memory chip unit to a preferred bidding consortium that includes rival chipmaker SK Hynix Inc.. The tensions come amid uncertainty over whether Toshiba can sign as planned a definitive agreement with its preferred bidder- a group led...

  • TOKYO, June 26- Western Digital Corp has told Toshiba Corp that it will not agree to a sale of the Japanese conglomerate's prized memory chip unit to a preferred bidding consortium that includes rival chipmaker SK Hynix Inc.. "I must make it clear that Western Digital will not consent to a transaction with the proposed consortium," CEO Stephen Milligan said in a...

  • People walk past Qualcomm's stand during the Mobile World Congress in Barcelona, Spain February 24, 2016.

    Qualcomm CEO Paul Jacobs shares some of his management advice with CNBC.

  • TOKYO, June 22- A hastily-assembled group of investors looks set to win the bid for Toshiba Corp's prized memory chip business, but a lack of clear leadership or industry clout is raising questions about who will take tough decisions about strategy and investment. After a fiercely contested, months-long auction, Toshiba on Wednesday said a consortium of...

  • Bain Capital plans to be the biggest investor in Toshiba's chip unit, as part of a consortium that also includes Japan government investors.

  • TOKYO— Money-losing Toshiba Corp. said Wednesday that it has chosen a U.S.- Japan consortium as the preferred bidder in the sale of its lucrative memory chip business, but hurdles remain as an American joint-venture partner is opposing the move. Tokyo- based Toshiba said the board of directors selected the bid, totaling about 2 trillion yen, from the consortium...

  • AMSTERDAM, June 21- ASML, one of the world's largest equipment suppliers to computer chipmakers, will team up with a public Chinese research consortium to open an education center in Shanghai, it said on Wednesday. ASML and the Shanghai Integrated Circuit Research and Development Center plan to equip an existing clean room in Shanghai with ASML equipment to...

  • AMSTERDAM, June 21- ASML, one of the world's largest equipment suppliers to computer chipmakers, will team up with a public Chinese research consortium to open an education centre in Shanghai, it said on Wednesday. ASML and the Shanghai Integrated Circuit Research and Development Center plan to equip an existing clean room in Shanghai with ASML equipment to...

  • TOKYO— Troubled Japanese electronics giant Toshiba Corp. has chosen a U.S.- Japan consortium as the preferred bidder in its attempt to sell its lucrative memory chip business. Tokyo- based Toshiba said Wednesday the board of directors selected the consortium of Innovation Network Corp. of Japan, Bain Capital Private Equity and the Development Bank of Japan...

  • *Consortium includes Japan state-backed fund, Bain. TOKYO, June 21- Toshiba Corp said on Wednesday its board has chosen a Japanese government-led consortium as the preferred bidder for the conglomerate's prized flash memory chip business. The group consists of a state-backed fund, the Innovation Network Corp of Japan, the Development Bank of Japan, as well as...