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Toshiba

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Toshiba's $380M AI Storage Expansion Reshapes HDD Market Dynamics
technology3 days ago

Toshiba's $380M AI Storage Expansion Reshapes HDD Market Dynamics

Toshiba's plan to double hard disk drive (HDD) production capacity for AI data centers has triggered significant volatility in the storage sector. While Seagate and Western Digital initially dropped 10% on fears of increased supply, analysts argue the impact is overstated due to supply chain constraints. Seagate's recent revenue growth and long-term supply agreements suggest sustained demand, but the market remains sensitive to capacity expansions.

Toshiba's $380M HDD Expansion Triggers 10% Plunge in Seagate and Western Digital
technology6 days ago

Toshiba's $380M HDD Expansion Triggers 10% Plunge in Seagate and Western Digital

Shares of Western Digital and Seagate dropped 10% on October 2, 2026, after Nikkei reported that Toshiba plans to double its hard disk drive (HDD) production capacity for AI data centers. Toshiba intends to invest roughly $380 million in a Philippines facility to grow its market share from 10% to 30% by fiscal 2027. The move threatens the supply shortage that has driven record profits for the two US incumbents, though analysts argue the impact may be overstated due to supply chain constraints and timing delays.

Toshiba's $380M HDD Expansion Triggers 10% Plunge in Seagate, Western Digital
technology7 days ago

Toshiba's $380M HDD Expansion Triggers 10% Plunge in Seagate, Western Digital

Shares of Seagate and Western Digital dropped approximately 10% on October 2, 2026, after Nikkei reported that rival Toshiba plans to double its hard disk drive (HDD) production capacity for AI data centers. Toshiba intends to invest roughly $380 million in a Philippines facility to grow its market share from 10% to 30% by fiscal 2027. The move threatens the supply shortage that has driven record profits for the two US incumbents, though analysts argue the impact may be overstated due to supply chain constraints and timing delays.

Top Prime Day TV and Streaming Deals: Samsung, LG, Fire TV Sticks, and More
technology2 years ago

Top Prime Day TV and Streaming Deals: Samsung, LG, Fire TV Sticks, and More

Best Buy is offering a 75-inch Toshiba C350 Series 4K TV for $450, a $200 discount, as part of its Prime Day deals. The TV features 4K Ultra HD resolution, Dolby Vision HDR, Dolby Atmos, and is powered by Amazon's Fire TV, providing access to popular streaming services and voice commands via Alexa. This deal is expected to attract significant attention, so interested buyers should act quickly.

"Massive Recall: Toshiba Laptop Adapters Pose Fire Hazard"
product-recall2 years ago

"Massive Recall: Toshiba Laptop Adapters Pose Fire Hazard"

Over 15 million Toshiba laptop AC adapters, sold between April 2008 and April 2014, are being recalled due to concerns of overheating and posing fire hazards. The recall comes after hundreds of reports of the adapters overheating, catching fire, melting, and causing minor burn injuries. Consumers are advised to stop using the recalled AC adapters and contact Dynabook Americas for a free replacement.

"Massive Recall: Toshiba Laptop AC Adapters Pose Fire Hazard"
consumer-safety2 years ago

"Massive Recall: Toshiba Laptop AC Adapters Pose Fire Hazard"

Dynabook Americas is recalling 15.5 million Toshiba laptop AC adapters due to burn and fire hazards, in consultation with the U.S. Consumer Product Safety Commission (CPSC), which works to protect the public from unreasonable risks associated with consumer products. Federal law prohibits the sale of products subject to a CPSC-ordered recall, and individuals can report dangerous products or injuries on www.SaferProducts.gov.

Toshiba's Delisting Marks New Era of Private Ownership and Digital Push
business2 years ago

Toshiba's Delisting Marks New Era of Private Ownership and Digital Push

Toshiba, the iconic Japanese electronics company, has been delisted from the Tokyo stock exchange after 74 years. The move comes after the company was taken private in an £11bn deal led by private equity investor Japan Industrial Partners. Toshiba has faced years of pressure from activist investors following a major accounting scandal, which raised concerns about Japan's corporate governance model. The company is now under new ownership and may be broken up to maximize value. Toshiba, which traces its roots back to 1875, has been a key player in Japan's economy, and its operations are considered critical to national security.

business2 years ago

Toshiba's Delisting Marks New Era of Private Ownership

Toshiba, the crisis-plagued Japanese conglomerate, has officially delisted from the Tokyo Stock Exchange and entered a new era of private ownership. The move comes after years of financial struggles and scandals, including a massive accounting scandal in 2015. Toshiba's delisting marks a significant turning point for the company as it seeks to rebuild and regain stability under private ownership.

Toshiba's Delisting Marks New Chapter in Digital Transformation
business2 years ago

Toshiba's Delisting Marks New Chapter in Digital Transformation

Toshiba, once a symbol of Japan's dominance in electronics, has delisted from the Tokyo stock exchange, marking the end of its 74-year history. The company's downfall began in 2015 when accounting malpractices were uncovered, leading to overstated profits. Further accounting irregularities and allegations of corporate governance issues followed. Toshiba faced a collapse of its nuclear business and sold off various divisions to raise cash. After protracted battles with activist shareholders, the company confirmed it would be taken over by a group of Japanese investors led by Japan Investment Corp for $14bn. The new owners plan to focus on high-margin digital services, but the future of Toshiba remains uncertain.

Toshiba's Delisting Marks New Era with New Owners and Digital Focus
business2 years ago

Toshiba's Delisting Marks New Era with New Owners and Digital Focus

Toshiba, one of Japan's biggest brands, will be delisted from the Tokyo exchange after 74 years, following a decade of scandals and upheaval. The conglomerate is being taken private by a group of investors led by Japan Industrial Partners (JIP), including Orix, Chubu Electric Power, and Rohm. The $14 billion takeover puts Toshiba in domestic hands after battles with overseas activist investors. The future of Toshiba under its new owners remains uncertain, but Chief Executive Taro Shimada is expected to focus on high-margin digital services. Some industry insiders suggest splitting up Toshiba may be a better option. The Japanese government will closely monitor the situation due to the company's critical operations and national security implications.

Toshiba's Digital Push: M&As, Delisting, and New Leadership
business2 years ago

Toshiba's Digital Push: M&As, Delisting, and New Leadership

Toshiba's chairman, Akihiro Watanabe, has emphasized the need for the company to make large investments, including mergers and acquisitions (M&As), as it aims to re-emerge as a digitally driven company. Watanabe stated that developing digital and data businesses will require significant financial resources and partnerships with software and artificial intelligence (AI) companies, or even acquisitions, to secure the necessary talent for the transformation.

Toshiba's Stock Exchange Exit Sealed with $14 Billion Takeover
business3 years ago

Toshiba's Stock Exchange Exit Sealed with $14 Billion Takeover

Toshiba, the troubled electronics and energy giant, will be delisted from the Tokyo Stock Exchange within a month after a consortium put in a 2 trillion yen tender offer. The offer was successful, with 78.65% of shares purchased, and the switch to Toshiba's new parent company, TBJH Inc., will take place on September 27. The delisting still requires shareholder approval, with a meeting scheduled for November. Toshiba has faced a series of challenges, including an accounting scandal and losses related to its nuclear energy business. The company aims to boost its value even after privatization, but analysts remain uncertain about its profitability.

Toshiba's 74-Year Stock Market History Ends with $14 Billion Delisting Deal
business3 years ago

Toshiba's 74-Year Stock Market History Ends with $14 Billion Delisting Deal

Toshiba has announced the success of a $14 billion tender offer from private equity firm Japan Industrial Partners (JIP), paving the way for the embattled conglomerate to go private. The JIP-led consortium secured over two-thirds of Toshiba shares, allowing them to squeeze out remaining shareholders and delist the company as early as December. The deal marks the largest M&A deal in Japan this year and puts Toshiba in domestic hands after years of battles with overseas activist investors. JIP plans to retain CEO Taro Shimada and aims to improve morale and investor confidence in Toshiba's future.