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City News

Toshiba’s long-awaited chip unit sale

June 1, 2018

The OEM has finally completed the long-anticipated $18 billion (€15.4 billion) sale of its memory chip unit to a Bain Group-led consortium. As Reuters reports, Toshiba Corp has managed to complete the sale of its chip unit “to a consortium led by U.S. private equity firm Bain Capital.” Toshiba first put the chip unit up […]

HP announces Lesjak successor, financials

May 30, 2018

The OEM has announced that Steve Fieler will become the company’s new CFO, and has also revealed a healthy picture in its Q2 financial results for the current year. Steve Fieler has been named as HP Inc.’s new Chief Financial Officer, replacing Cathie Lesjak, who has become the OEM’s Chief Operating Officer on an interim […]

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