JAPAN > A consortium of Apple, Bain, South Korean Chipmaker SK Hynic, Dell Inc., Seagate Technology Plc. and Kingston signed $18 billion deal to buy Toshiba’s chip division

toshiba logo A consortium led by Bain Capital LP has agreed to take over the chip unit of Toshiba Corporation for $18 billion to stave off a potential delisting for the unit. However, due to too many conflicting interests for the eight member group, a Tokyo news conference on the deal was cancelled as all the member want access to NAND technology. More …

INDIA > Japan based Suzuki, Toshiba, Denso to invest $186 MM for lithium-ion cells manufacturing plant in India

Suzuki_Motor_Corporation_logo.svg Japan based Suzuki Motor Corporation, Toshiba Corporation and Denso Corporation are coming together in a joint venture to invest 20 billion Japanese Yen (around US $186 MM) to manufacture lithium-ion battery packs in India. The planned participation ratio of Suzuki, Toshiba and Denso is 50%,40% and 10% respectively.   About Denso Corporation  Denso Corporation is a automotive components manufacturer headquartered in the city More …