Page 4 - Device Co News Today

TOKYO (AP) -- Embattled Japanese technology giant Toshiba plans to split into two companies, one focused on infrastructure and the other on devices, in

Embattled Japanese technology giant Toshiba plans to split into two companies, one focused on infrastructure and the other on devices, in its latest effort to placate unhappy shareholders.

TOKYO (AP) — Embattled Japanese technology giant Toshiba plans to split into two...

Embattled Japanese technology giant Toshiba says it plans to split into two companies, one focused on infrastructure and the other on devices, as it tries to placate unhappy shareholders

The company, once one of Japan’s most revered brands, has struggled since the Fukushima nuclear disaster.

Toshiba has updated its reorganization plans, telling shareholders it will split into two companies instead of three, as it originally planned.

Embattled Japanese technology giant Toshiba plans to split into two companies, one focused on infrastructure and the other on devices, in its latest effort to placate unhappy shareholders. As part of the proposed plan, Tokyo-based Toshiba Corp. intends to sell its joint venture stake in Toshiba Carrier Corp. to the U.S.-based Carrier Group, for about…

Press release content from PR Newswire. The AP news staff was not involved in its creation.

Track breaking Patent Law headlines on NewsNow: the one-stop shop for Patent Law news