Toshiba signs memorandum to accelerate negotiations with Bain led investors

Toshiba needs to desperately divest its chip making business. Negotiations with investors led by Bain Capital appear to be chugging alone steadily. On Wednesday, in a significant development, Toshiba Corp disclosed it has signed a memorandum to accelerate negotiations for selling its memory chip business to a group of investors led by private equity firm,…

Companies focusing on IoT, AI and Robotics in Computex Taipei

There is a strategic shift taking place in electronic components manufactured by tech companies. Computex Taipei, Taiwan’s top tech fair, is seeing a different energy this year. While traditionally the focus had mostly catered to electronic parts for smartphones, this year, chip manufacturers have latched onto burgeoning growth engines such as virtual reality, self-driving car…