Toshiba

Energy management solutions industry leader Landis+Gyr on Tuesday announced it would resort to the European Court against a decision excluding the company from an international tender for the supply of electricity consumption meters.

Japan's Toshiba yesterday announced plans to split into two companies, revising a controversial proposal to divide into three following a tumultuous period for the storied industrial conglomerate.

The Japanese tech conglomerate Toshiba announced that its European operations suffered a ransomware cyber attack, Reuters reported. The French headquarter of the company was worst hit. Toshiba elaborated that the DarkSide, the hacking group blamed for crippling a major US pipeline company, had targeted it in a ransomware attack during the night of 4 May.

The American Westinghouse Electric Company has signed a contract for the modernization of Kozloduy nuclear power plant.

U.S. tech titans Apple and Dell have joined a bid to buy Toshiba's memory chip business, a deal seen as key to the survival of the cash-stripped Japanese industrial conglomerate, the US investor leading the consortium has said.

At a train station used by hundreds of workers at struggling Japanese electronics giant Toshiba, an advert is apparently trying to poach staff worried by their employer's precarious financial position.

South Korean technology firm Samsung Electronics plans to invest $18.6 billion in its memory chip and display plants in South Korea as it seeks to widen its global lead in the sector.

Turkish electronics and appliance maker Vestel announced on April 10 that it was beginning talks to purchase the television unit of Japan's Toshiba Corp. following a report by Japan's Nikkei, but said it was unclear whether the deal would be finalized at the current juncture.

Toshiba, which sold the first Japan-made color television in 1960, now appears to want to sell its TV business.

Some foreign buyers are said to be showing interest in taking over the unit, according to people familiar with the matter.

Potential bidders include Turkish home-appliance maker Vestel and a few Chinese rivals.

Toshiba's loss-hit U.S. nuclear unit Westinghouse Electric Company has filed for bankruptcy protection, the companies said on March 29, as the troubled division wrestles with huge losses and accounting fraud claims.