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Japan's tech giant Toshiba to split; sell stake in Carrier - New Delhi Times - India Only International Newspaper

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…
Satoshi Tsunakawa Ap Photo Credit U Carrier Group Toshiba Corp Toshiba Lighting Technology Corp Toshiba Infrastructure Service Co

Nanya hopeful despite profit decline

Nanya Technology Corp (南亞科技) yesterday said net profit last quarter declined 14.3 percent from the previous quarter, but added that it has seen positive signs that the industry could rebound next quarter. The nation’s biggest DRAM chipmaker had previously said that the most recent correction in the industry would last for about two quarters, and would be much shorter and milder than the previous downcycles, as the number of suppliers had fallen substantially. “We are seeing an uptren...
T Ai Pei Hsin Pei Shih Lisa Wang Macronix International Co Nanya Technology Corp Nanya Technology

China criticizes US missile sanctions as hypocrisy - New Delhi Times - India Only International Newspaper

China on Friday criticized Washington for imposing sanctions on Chinese companies the U.S. says exported missile technology, and accused the United States of hypocrisy for selling nuclear-capable cruise missiles. The United States announced penalties on three companies it said were engaged in unspecified “missile technology proliferation activities.” It said they were barred from U.S. markets…
United States Zhao Lijian Ap Photo Credit Stockholm International Peace Research Institute Foreign Ministry Fourth Academy

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China criticizes U.S. missile sanctions as hypocrisy

China on Friday criticized Washington for imposing sanctions on Chinese companies the U.S. says exported missile technology, and accused the United States of hypocrisy for selling nuclear-capable cruise missiles. The United States announced penalties on three companies it said were engaged in&#...
United States Zhao Lijian Stockholm International Peace Research Institute Foreign Ministry Fourth Academy First Academy

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