$17.5bn Toshiba Memory sale approved in a bid to rebuild the company

Toshiba shareholders approved the sale of its Memory unit at a meeting on October, 24. The purchase is being made by an alliance of electronics firms, led by Bain Capital and Foxconn for 2 trillion yen ($17.5 billion). Toshiba aims to cut significant debts through…

A Foxconn led alliance makes a $19 billion bid for Toshiba Memory

Nikkei Asian Review reported iPhone assembler Hon Hai Precision Industry (or Foxconn Technology Group) is offering 2.1 trillion yen ($19.6 billion) for the chip unit of the Japanese conglomerate Toshiba Corporation. Foxconn says Toshiba Memory bid includes Apple, Kingston and SoftBank. In this bid Foxconn is…

Toshiba and Western Digital broke down talks on sharing the investment

Toshiba will build new production lines at its main semiconductor memory plant to address a demand increase. Subsidiary Toshiba Memory foresees this increase in 2018 and will bear the entire cost of this planned 195 billion yen ($1.76 billion) investment. Talks with Western Digital on…

Who will clean up Silicon Valley’s E-wasteland?

Capitalandmain.nl published the article of Julianne Tveten: Who Will Clean Up Silicon Valley’s E-wasteland? She writes about the conditions that contribute to the production of e-waste, about the solutions and who is most responsible for reaching a truly effective solution. The years 2014 and 2015 produced approximately…

RankaBrand ranks 19 electronics brands: bulk of brands get low scores

RankaBrand ranks 19 electronics brands: bulk of brands get low scores

Rankabrand has compared and ranked 19 electronics brands like Apple, Dell, HP, HTC, Huawei, Nintendo, Samsung. The questions used for ranking are categorised into three areas: Labour Conditions and Human Rights, Climate Change, and Ecology. Rankabrand awarded 15 brands with a meager “D” or a…