Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?

To: hbraff who wrote (34860)	8/2/1998 1:41:00 PM
From: John Rieman	Respond to of 50808

Toshiba is spinning off its Semi unit. Kind of opens the door for outside vendors.................................... techweb.com Toshiba Reorg Could Lead To Spin-Off (08/01/98; 10:11 a.m. ET) By Rick Boyd-Merritt, EE Times In a business climate of cratering components prices, Toshiba's components division is in the middle of a major reorganization.Changes at Toshiba America Electronics Components (TAEC) to some extent mirror a broader realignment of Toshiba Corp., and ultimately could presage the spin-off of the components group into a separate company. The changes in the Toshiba components group started with an internal announcement in April and will be publicly announced in October, said Bob Brown, president and chief operating officer at TAEC. The objective of the changes is to make the broad-based group, which sells everything from DRAMs and hard-disk drives to batteries and CRT tubes, a more streamlined and customer-focused division. One key to the reorganization is the creation of a new "Demand Generation and Customer Interaction Unit" for which customers and horizontally organized units in computing, communications and digital consumer electronics drive the company's direction. "We used to have separate semiconductor and drive and battery and LCD and tube persons all interface with these customers," said Brown. Toshiba's Disk Products Division was folded into the components group earlier this year. The changes also mark a shift to more central sales and marketing units for both the components group and the overall corporation, which had been split into separate geographical divisions.