Makiko Yamazaki / Reuters:

Toshiba sees power management chips as a profit driver and plans to spend ~$175M to double production, as private equity firm JIP completes its $14B buyout  —  Toshiba Corp (TOSBF.PK) sees power management chips as an immediate profit driver on the back of surging electric vehicle (EV) …

Makiko Yamazaki / Reuters:

Toshiba sees power management chips as a profit driver and plans to spend ~$175M to double production, as private equity firm JIP completes its $14B buyout  —  Toshiba Corp (TOSBF.PK) sees power management chips as an immediate profit driver on the back of surging electric vehicle (EV) …

Source: TechMeme
Source Link: http://www.techmeme.com/231222/p2#a231222p2