Toshiba to expand power management chip production with $175M investment

11 months ago 32

Toshiba Corp. will spend 125 billion yen, or about $175 million, to expand the production lines it uses to manufacture power management chips. Reuters reported the plan on Friday. Toshiba Chief Executive Officer Taro Shimada detailed the investment during...

Toshiba Corp. will spend 125 billion yen, or about $175 million, to expand the production lines it uses to manufacture power management chips. Reuters reported the plan on Friday. Toshiba Chief Executive Officer Taro Shimada detailed the investment during an event marking the company’s recent acquisition by Japan Industrial Partners, a private equity firm. The deal, […]

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