SharkNinja Operating LLC, the privately held U.S. manufacturer of Ninja blenders and Shark vacuum cleaners, is exploring a sale that it hopes will value it at more than $1.5 billion including debt, people familiar with...
Apple considers bidding for big stake in Toshiba chip business: report
Apple Inc is considering teaming up with its supplier Foxconn to bid for Toshiba Corp’s semiconductor business, Japanese public broadcaster NHK reported on Friday – the latest twist in the sale of the...
Apple may invest billions of dollars in Toshiba chips unit: report
Apple Inc. is considering an investment of several billion dollars in Toshiba Corp.’s semiconductor unit, Japan’s national broadcaster reported, raising the prospect that the struggling electronics conglomerate will get...
Intex investing Rs 1,500 crore in Greater Noida plants
Homegrown consumer electronics major Intex Technologies is investing Rs 1,500 crore in its Greater Noida plants of Uttar Pradesh to expand capacity across different assembly lines. So far, Rs 650 crore of this planned...
China’s LeEco abandons $2 billion deal to buy U.S. TV maker Vizio
LeEco has scrapped a planned $2 billion acquisition of U.S. consumer electronics company Vizio (VZIO.O) due to regulatory issues, a fresh setback to the cash-strapped Chinese conglomerate’s expansion drive. The...
U.S., Japan in talks to prevent China acquiring Westinghouse: U.S. official
The Trump administration and the Japanese government are in discussions to ensure that the bankruptcy of Toshiba Corp’s (6502.T) U.S. unit Westinghouse Electric Co does not lead to U.S. technology secrets and...
Apple, Amazon, Google join bidding for Toshiba chip unit: media
Apple Inc (AAPL.O), Amazon.com Inc (AMZN.O) and Google have joined bidding for Toshiba’s (6502.T) NAND flash memory unit, vying with others for the Japanese firm’s prized semiconductor operation, the Yomiuri...
V-Guard board okays acquisition of Guts Electromech
Consumer electrical and electronics player V-GuardBSE 1.26 % Industries today said it has received in-principle approval from its board to acquire a majority stake in Guts Electromech Ltd. The Board of Directors of the...
Toshiba’s Westinghouse seeks U.S. bankruptcy financing – sources
Westinghouse Electric Co LLC, the nuclear power plant developer owned by Japanese electronics company Toshiba Corp (6502.T), is taking offers for a financing package to help it go through U.S. bankruptcy, people...
Japan’s Toshiba prepares $2 billion sale of Landis+Gyr – sources
Japan’s Toshiba Corp (6502.T) is preparing a potential $2 billion divestment of smart meter group Landis+Gyr, hoping to rake in capital after a major writedown on its U.S. nuclear unit last month, three people...
Taiwan’s Foxconn ‘definitely bidding’ for Toshiba chip business
Taiwan’s Foxconn (2317.TW), the world’s largest contract electronics maker, is “definitely bidding” for the chip business of Japan’s Toshiba Corp (6502.T) and is “very...
Toshiba says it is considering sale of majority stake in chip unit
Toshiba Corp (6502.T) said on Friday it is looking to sell a majority stake in its prized flash memory chip business to plug a hole in its finances from a $6.3 billion write-down of its U.S. nuclear unit. The...
