5d 1m 3m 1y 5y 10y
TOSBF vs. ETF Alternatives
Wednesday, Jan 89:44 AM
Wednesday, Jan 89:44 AM| Comment!
- Skullcandy (SKUL +0.7%) enters a strategic partnership with Toshiba (TOSBF -1.2%) in which the latter will license the former's trademark for marketing and distribution of laptops worldwide excl. China.
- the audio products maker will provide its Supreme Sound tech to enhance Toshiba products.
- Skullcandy also unveiled women's line of headphones and previewed its sports performance offering at CES.
Monday, Dec 22013, 5:03 PM
Monday, Dec 22013, 5:03 PM| 7 Comments
- Five days after announcing it plans to file for bankruptcy and has received an asset purchase offer from Toshiba (TOSBF), OCZ says it has "signed an asset purchase agreement" through which the Japanese conglomerate will "acquire substantially all of OCZ's assets in a chapter 11 bankruptcy proceeding for $35M." (PR)
- Toshiba will gain control of OCZ's SSD ops, as well as its SSD controllers, software, and firmware. OCZ will receive debtor-in-possession financing to support its operations during the bankruptcy process.
- The sale, which remains subject to bankruptcy auction proceedings and court approval, is expected to close within 60 days.
Wednesday, Nov 272013, 2:23 PM
Wednesday, Nov 272013, 2:23 PM| 3 Comments
- OCZ states loan provider Hercules Technology Growth Capital (previous) has taken "exclusive control" of its accounts at multiple banks, due to the SSD vendor's failure to meet operating ratios and covenants in its loan agreement. (PR)
- Toshiba (TOSBF) has offered to "acquire substantially all of [OCZ's] assets in a bankruptcy proceeding." The companies have "substantially completed negotiations on an asset purchase agreement," but the deal is still subject to various conditions, including the acceptance of Toshiba's offer by a bankruptcy court.
- OCZ adds that if it isn't able to reach a final deal with Toshiba, it plans to "imminently file a petition for bankruptcy and liquidate."
- Shares remain halted, but will resume trading at 2:30PM ET.
Sunday, Oct 272013, 4:07 AM
Sunday, Oct 272013, 4:07 AM| 1 Comment
- H-P (HPQ) has sued manufacturers of optical disk drives for allegedly conspiring to fix the price of their products from 2004-2010.
- The defendants, which control 90% of the market, include Toshiba (TOSBF), Samsung (SSNLF), Sony (SNE), Panasonic (PCRFY) and Philips (PHG).
- The suits follows a long probe by the Department of Justice into price-fixing and bid-rigging. Hitachi-LG Data Storage (LGEIY), another of the defendants, and four of its executives have pleaded guilty to breaches of antitrust law, while the DOJ named H-P as a victim.
- H-P, which purchased billions of dollars of drives, is seeking unspecified triple damages and injunctive relief.
Monday, Sep 302013, 7:22 AM
Tuesday, Sep 242013, 2:11 PM|Tuesday, Sep 242013, 2:11 PM| Comment!
Friday, Aug 232013, 7:24 AM
Friday, Aug 232013, 7:24 AM| Comment!
- KKR (KKR), Toshiba (TOSBF.PK) and a consortium that includes Bain Capital are reportedly expected to make it through to the final round in the auction for Panasonic's (PCRFY.OB) healthcare business, which could attract up to $1.5B.
- Second-round bids are due in on Monday.
- The unit's products include blood-sugar monitoring equipment, hearing aids and systems for electronic medical records.
Tuesday, Aug 62013, 12:33 AM
Tuesday, Aug 62013, 12:33 AM| Comment!
- Toshiba (TOSBF.PK) says it has no plans (translation) to build a new NAND flash manufacturing plant beyond the ¥30B ($304M) expansion of Fab 5 at its Yokkaichi, Japan facility, announced on July 2. Future expansion plans will be determined based on market trends.
- Nikkei had reported Toshiba and NAND partner SanDisk (SNDK) plan to jointly invest ¥400B ($4.1B) in a brand new Yokkaichi fab.
Monday, Aug 52013, 3:57 PM
Monday, Aug 52013, 3:57 PM| 1 Comment
- SanDisk (SNDK -1.7%) and Toshiba (TOSBF.PK) plan to split the ¥400B ($4.1B) bill for a new NAND flash fab, Nikkei reports.
- The fab will increase the capacity of an existing Sandisk/Toshiba facility Yokkaichi, Japan by 20% from a current 450K 300mm wafers/month, and is expected to enter production in the next fiscal year (the Japanese fiscal year starts in April).
- The fab will initially be used to produce chips using 16nm and 17nm processes; SanDisk and Toshiba are currently at 19nm.
Monday, Aug 52013, 1:51 PM
Monday, Aug 52013, 1:51 PM| 5 Comments
- Nikkei's report about a new NAND flash fab to be built by SanDisk (SNDK -1.1%) and Toshiba (TOSBF.PK) comes amidst growing analyst fears new capacity additions will lead the current NAND up cycle to peak, in spite of strong smartphone/tablet/SSD-related demand.
- DRAMeXchange recently estimated NAND contract prices fell 6%-9% in 2H July. The firm says the market has been "more sluggish than expected" in Q3.
- SanDisk is lower, but rival Micron (MU +3.7%) is rallying, possibly thanks to the SIA's June/Q2 sales data. The trade association estimates DRAM sales rose 22% Q/Q in Q2. Flash memory sales are believed to have risen 8.6%.
Tuesday, Jul 302013, 12:52 PM
Tuesday, Jul 302013, 12:52 PM| 5 Comments
- Goldman's James Schneider, who has cut shares to Neutral, thinks NAND flash supply could grow faster in the next few quarters than previously expected, and that margins "are likely to peak in 2H13" thanks to price pressure and slowing cost reductions.
- SanDisk (SNDK -2.3%) shares nearly doubled from last summer's lows thanks in large part to healthy pricing, rising margins, and expectations NAND supply growth will remain limited. These factors have also given a big lift to Micron (MU +0.6%) shares.
- Yesterday, Morgan Stanley asserted there is "no more upside" in the memory chip space, while predicting DRAM growth/ASPs/margins will peak in Q3.
- MS observes Samsung (SSNLF.PK), Hynix, SanDisk partner Toshiba (TOSBF.PK), and Micron's Elpida and Inotera units are all set to expand capacity in response to strong smartphone, tablet, and SSD-related orders.
- MS: "Most investors we met are convinced that this time it is different ... However, industries do not stay in a vacuum or steady state when faced with huge excess returns building and significant shortage heading into 2H13."
Wednesday, May 82013, 7:21 AM
Saturday, Apr 272013, 11:03 AMQualcomm (QCOM) managed to get 6 chips in the U.S. version of Samsung's (SSNLF.PK) Galaxy S4, per iFixit's teardown: the high-end APQ8064 app processor, a 4G baseband chip, an audio codec chip, an RF transceiver (beating out SIMO), and 2 power management ICs; the U.K. version uses a Snapdragon 600 baseband/app processor. Also found: a MXIM microcontroller, an SIMG video transmitter, a SWKS 2G power amplifier module, a BRCM NFC chip (likely to go with a combo chip), ATML and SYNA touch controllers, and Toshiba (TOSBF.PK) NAND flash (previous). (Chinese S4 teardown) (Galaxy S III teardown) (also) |Saturday, Apr 272013, 11:03 AM| 4 Comments
Tuesday, Apr 232013, 10:50 AMA rising Veeco lifts all LED boats: Cree (CREE +3.2%) and Rubicon (RBCN +7.2%) are joining Aixtron and GT Advanced in benefiting from Veeco's Q1 bookings figures and relatively upbeat Q2 commentary, which comes just a week after LED names were hit hard by a Digitimes report about MOCVD equipment price cuts. Cree is making new 52-week highs, while Rubicon remains 43% below its 52-week high. The rally comes as Toshiba (TOSBF.PK) bolsters its LED chip ops by acquiring the chip-production assets of startup Bridgelux. |Tuesday, Apr 232013, 10:50 AM| 1 Comment
Thursday, Apr 182013, 3:52 PMMore on MEMC: The Nikkei reports MEMC's SunEdison unit and Toshiba (TOSBF.PK) have landed deals to build Japanese solar plants, with SunEdison selling the power generated by the facilities. Toshiba is said to be in talks to build 4 or 5 "megasolar" plants. The Japanese government launched an aggressive solar subsidy program last year. |Thursday, Apr 182013, 3:52 PM| 1 Comment
Tuesday, Feb 262013, 8:04 AM
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