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Technology Stocks : WDC, NAND, NVM, enterprise storage systems, etc.

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From: Bruno Cipolla	8/18/2025 12:42:59 PM
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Toshiba has decided to split its business into two parts, making the semiconductor equipment business independent. Cleaning up non-core assets such as Toshiba Tec and Toshiba Carrier Author: Mash Yang 2022-02-07 in Market dynamics, Life As Previous rumorsToshiba AnnounceIt will split its business into two, abandoning its original plan to split it into three, and also decide to liquidate non-core assets - Toshiba Tec Corporation and Toshiba Carrier. According to Toshiba, splitting the company's business into two is expected to save more costs than originally planned and complete the transformation faster. The split is expected to separate the semiconductor equipment business into two parts, while the existing infrastructure business will remain with Toshiba. Toshiba will also maintain its stake in the storage chip business, which was spun off from the original Toshiba structure and subsequently renamed Kioxia. However, Toshiba is expected to liquidate its Kioxia stake and return the proceeds to shareholders. Kioxia is currently pursuing a potential IPO and may also be in talks with Western Digital for a merger. In addition to splitting its business into two, Toshiba has also decided to liquidate its electronic equipment company, Toshiba Tec, as a non-core business and plans to return 2 billion yen (about 3000 billion US dollars) of excess capital to shareholders in the next two years. However, it has not stated whether it plans to sell Toshiba Tec. Toshiba Carrier, plans to transfer 1000% of its shares to Carrier of the United States for 55 billion yen to divest its air conditioning business.

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