Japan Inc. bails out Toshiba by snapping up its $18B chip business

Toshiba plans to sell its prized memory chip business to a group of investors led by the Japanese government as it races to raise money to stave off financial ruin. The struggling Japanese conglomerate said Wednesday it has picked a bid worth about 2 …
( read original story …)


Related Post

Japanese PM hails ‘full confidence’ in...
views 76
Shinzo Abe told the chiefs of Japan's biggest firm...
Why is Tokyo burying bikes?
views 129
In Tokyo, 14% of commuting traffic is on bike, acc...
Japanese property investors are falling back in lo...
views 109
Japanese investments are flowing significantly onc...
Hotel JAL City Sapporo Nakajima Park to Open in 20...
views 76
The company has signed a contract with Sapporo NK ...
Huge Nissan recall in Japan
views 61
The problem does not affect Nissan vehicles sold o...
Japan, int'l body to promote human security i...
views 161
Japan on Monday partnered with the U.N.-affiliated...
Best Western Hotels expands in Osaka
views 79
“We look forward to welcoming the first guests to ...
Chinese man allegedly admits killing compatriot in...
views 111
NAGOYA – Police on Monday arrested a 20-year...
Simon Property Group (SPG) Q2 2017 Results –...
views 75
for each and every year in Japan. So, we look at i...
Kipsang Predicts 2:02:50 – Tokyo Marathon Pr...
views 125
2017 Tokyo Marathon top elites Wilson Kipsang, Dic...