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The company name was officially changed to Toshiba Corporation in 1978. A technology company with a long history and sprawling businesses, Toshiba is a household name in Japan and has long been viewed as a symbol of the country's technological prowess post-World War II. [7]
Toshiba Memory Corporation became a subsidiary of the newly formed Toshiba Memory Holdings Corporation on March 1, 2019. [ 14 ] In June 2019, Toshiba Memory Holdings Corporation experienced a power cut at one of its factories in Yokkaichi, Japan, resulting in the loss of at least 6 exabytes of flash memory, with some sources estimating the loss ...
In February 2017, Toshiba revealed unaudited details of a 390 billion yen ($3.4 billion) loss, mainly in its US nuclear business which was written down by 712 billion yen ($6.3 billion). On 14 February 2017, Toshiba delayed filing financial results, and Toshiba chairman Shigenori Shiga, formerly chairman of Westinghouse, resigned.
A ticker symbol or stock symbol is an abbreviation used to uniquely identify publicly traded shares of a particular stock or security on a particular stock exchange. Ticker symbols are arrangements of symbols or characters (generally Latin letters or digits) which provide a shorthand for investors to refer to, purchase, and research securities.
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In 2023 Japan Industrial Partners and 19 other companies, including Orix, Rohm and Chubu Electric Power, offered to buy Toshiba for US$15 billion, which was accepted by Toshiba's board in September. [6] As a result, Toshiba was delisted from the Tokyo exchange after 74 years. [7]
OCZ was a brand of Toshiba that was used for some of its solid-state drives (SSDs) before they were rebranded with Toshiba. OCZ Storage Solutions was a manufacturer of SSDs based in San Jose, California, USA and was the new company formed after the sale of OCZ Technology Group ' s SSD assets to Toshiba Corporation.
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