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Toshiba Corporation (TOSYY)

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14.80+0.20 (+1.37%)
At close: 02:38PM EDT
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  • PR Newswire

    Toshiba and Bekaert sign a partnership agreement on MEA technology for PEM electrolyzers to accelerate the advance towards green hydrogen production at scale

    Toshiba Energy Systems and Solutions Corporation ("Toshiba") and Bekaert, have entered into a global partnership which includes a strategic cooperation agreement, and a manufacturing technology license for Membrane Electrode Assemblies (MEA), a key component for Proton Exchange Membrane (PEM) electrolyzers, that will help to accelerate the advance towards green hydrogen production. The agreement formalizes recent collaboration to leverage both companies' technological, manufacturing and commerci

  • Reuters

    Toshiba sees power chips as immediate growth driver after $14 billion buyout

    Toshiba Corp sees power management chips as an immediate profit driver on the back of surging electric vehicle (EV) demand, its chief executive said on Friday, as the Japanese industrial conglomerate was taken private. "We want to expand (production) capacity for power chips as quickly as possible," Chief Executive Taro Shimada told a press conference held to mark the completion of a $14 billion buyout by private equity firm Japan Industrial Partners (JIP). Toshiba plans to spend 125 billion yen ($175.57 million) to more than double power chip production, aiming to catch up with power chip giants such as Infineon Technologies AG.

  • Bloomberg

    Japan Sets Aside $902 Million for Chipmakers Toshiba and Rohm

    (Bloomberg) -- Japan is earmarking ¥129.4 billion ($902 million) to Rohm Co. and Toshiba Corp.’s joint push to boost production of power semiconductors, seen as key to lifting energy efficiency in electric vehicles and factories.Most Read from BloombergJPMorgan Is in a Fight Over Its Client’s Lost $50 Million FortuneGoldman Trader Paid $100 Million Since 2020 Is Stepping DownArgentina’s Milei Devalues Peso by 54% in First Batch of Shock MeasuresNetflix Posts Viewer Data on Every Show, Film for F