And the winner of the Toshiba flash memory takeover bid is…

Seika

2017 hasn’t been a great year for Toshiba, as the company has been trying to find a buyer for its semiconductor business in order to cover billions of dollars of losses from its now-bankrupt US nuclear unit and to dig itself out of negative shareholders’ equity. This comes after the company sold its CMOS imaging division to Sony near the end of last year to cover over-stated earnings in an accounting scandal.

A multinational consortium of companies from Japan, the US, and South...

What feeling does this article give you?
Joy
Disgust
Fear
Anger
Sadness

#hashtags to follow:

Toshiba [+]    CMOS [+]    Sony [+]    Japan [+]   

More #news: