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Toshiba Inks Deal to Sell Memory Biz to Global Consortium

Toshiba Inks Deal to Sell Memory Biz to Global Consortium

SEOUL, Sept. 29 (Korea Bizwire) – Japanese tech giant Toshiba Corp. said Thursday it signed off on a deal to sell its memory business to a global consortium which includes South Korea’s SK hynix Inc. Toshiba earlier decided to start negotiations on selling its memory business to the consortium including participants from South Korea, the United States and Japan. The companies also include Bain Capital, [...]

SK hynix Keeps Low Profile on Toshiba’s Contact with U.S., Taiwan Rivals

SK hynix Keeps Low Profile on Toshiba’s Contact with U.S., Taiwan Rivals

SEOUL, July 12 (Korea Bizwire) – SK hynix Inc., South Korea’s No. 2 tech giant, on Wednesday remained silent over reports that Japan-based Toshiba Corp. is contacting U.S. and Taiwanese firms as potential buyers of its memory division. Japanese media earlier reported Toshiba is holding talks with U.S. Western Digital and Taiwan-based Hon Hai Precision [...]