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The sale of Toshiba's chip unit is a test case for Japanese corporate reform. The electronics maker faces pressure from its banks, investors and bidders, the Japanese government looking on.
Western Digital Corp. has sought an injunction to prevent Toshiba from selling its chip business, a move that could throw doubt over the much-needed sale.
Toshiba reportedly is in favor of KKR and Innovation Network Corp. of Japan's proposal.
Toshiba edged higher in Tokyo amid reports its flash-memory unit attracted the fund, which could play the role of kingmaker in the potential $23 billion deal.
Rising wages and a push to spur consumption have made China less attractive as a production site. Manufacturers are looking South and East as a result, as investors should note.
Toshiba filed a twice-delayed third quarter earnings report Tuesday despite having failed to gain a sign-off from its auditors and warned that its financial future may be in doubt.
Toshiba Corp were marked lower again in Tokyo Tuesday amid speculation the troubled conglomerate would file its delayed third quarter earnings report without a sign-off from its auditors.
China looks a lot now like Japan did in the 1980s in its relationship with the United States.
SoftBank and Foxconn said Friday that the two companies have formed a joint venture that could be worth $1.2 billion as the tech group plans a series of U.S. expansions.
Apple supplier Foxconn is considering a $7 billion investment that would establish a U.S.-based LCD display manufacturing hub that could create as many as 50,000 new jobs.
Investors focus on routes the Japanese electronics player can take as it faces capital erosion risk.
Nokia may have a long way to go before it convinces investors it's fully back in the smartphone turf.
Samsung's fourth-quarter comeback looks based on chips and displays sales, but intensifying competition raises sustainability questions.
The South Korean company could prove it has the capacity to offset Galaxy Note 7 and consumer product fiascos.
Foxconn will set up a manufacturing base in China as speculation mounts over U.S investment plans.
Foxconn takes a controlling stake in Sakai Display, which could signify the company's LCD TV intentions as Trump boasts of SoftBank job creation.
Sharp's acquisition of European businesses marks a comeback in TV productions in the region.
Sharp and Foxconn could establish a new LCD Panel factory to challenge Samsung and reduce reliance on Apple.
TheStreet highlights six stocks to watch after President-elect Donald Trump's call to Taiwan.
Apple supplier Foxconn confirms "preliminary discussions" regarding potential US investment.
Oil gains after Venezuelan President Maduro suggests an OPEC output cut is in the cards.
Dow Jones Industrial Average and S&P 500 mini futures are little changed.
U.S. stock futures rise Wednesday after Federal Reserve Chair Janet Yellen says the central bank will move slowly to raise interest rates.
U.S. stock futures decline early Thursday while European stocks edge higher ahead of a European Central Bank meeting.
European stocks make a tentative recovery Thursday morning after more carnage in Asia, as investors look to commentary later Thursday from European Central Bank Chief Mario Draghi.
China's economic growth is expected to slow for years, so multinational companies are starting to adapt to the changing business climate there.