Toshiba Machine Buys Its Independence from Toshiba

You know things aren’t going well when divisions of your own company want to break the chains of their association with you. That is essentially what happened when Toshiba Machine “bought” its independence by buying out the shares of its … Continue reading

Toshiba Announces ‘Substantial Doubt’ on Ability to Continue

An Industry Giant Stumbles, Then Falls; Can It Get Back Up? Toshiba, once the embodiement of Japanese industrial might offering everything from rice cookers to nuclear reactors, has released financial results for the first three quarters of the current fiscal year … Continue reading

As We Suspected, The Deal is Off Between LeEco & Vizio

Less than a week after we questioned whether Chinese manufacturer LeEco would be able to actually complete its proposed $2 billion acquisition of Vizio, we received a note from a Vizio-connected official, saying that “the merger agreement to acquire Vizio … Continue reading

Samsung Receives Order for 70M OLED Panels from Apple

In reports out of Taiwan, sources say that Apple, Inc. has ordered 70 million bendable OLED panels from Samsung Electronics. An order of this size can only be for the upcoming iPhone 8, expected to be launched in late 2017. The … Continue reading

Samsung Makes a Strategic Investment into an IoT Security Company

Samsung Electronics has made another major investment in the Internet of Things (IoT) space, becoming an early stage Series A investor in Bayshore Networks. The company made the investment via its Samsung NEXT Venture fund, an investment fund created by the … Continue reading

With Company Leader Incapacitated and Heir-Apparent Arrested: Who’s In Charge at Samsung?

After several years of non-stop success, Samsung has had a bit of a tough run lately. From exploding smartphone batteries to self-destructing washing machines to the arrest of the company’s Vice Chairman and heir-apparant…it’s been a challenging time, to say … Continue reading

Massive $6.3 Billion Writedown is Tanking Toshiba, Could It Collapse?

Toshiba Corp. announced yesterday that it will take a $6.3 billion writedown to account for the meltdown of its nuclear division. This amount of writedown is much higher than the markets had anticipated, forcing Toshiba into crisis mode having to … Continue reading

Sharp Plans Major Investment in U.S., Paying Fealty to Trump

Sharp Corp., a subsidiary of Taiwan’s Hon Hai Precision Industry Co. which is better known as Foxconn, has said in Japan that it plans to make a major investment in the United States. This announcement precedes by just two days … Continue reading

Film Flops Force Sony to Take $1Billion Writedown

Sony Corps’ struggling film division, which hasn’t seen a major hit movie in a long while, has finally forced the company to take a writedown against third quarter earnings of a substantial $1 billion. The difficult decision was necessary to … Continue reading