Thursday, December 14, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Facebook Will Start Putting Ads Before Videos
Samsung's Smart Speaker Coming Next Year
Internet Neutrality is Officially Dead
Synaptics Brings First In-Display Fingerprint Sensors for Smartphones
Disney to Buy Fox Film and Some TV Businesses for $52 billion
Powerful iMac Pro is Available Today, Starting at $5,000
IBM Announces Collaboration With Leading Companies to Accelerate Quantum Computing
Bing Gets Intelligent Search Features, Powered by AI
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > PC Parts > Asus Co...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, November 16, 2017
Asus Could Buy Toshiba's PC Business


Japanese tech giant Toshiba hopes to shed drag on profits while shoring up finances by selling its personal computer business to Asustek Computer.

Nikkei reports that Toshiba has entered into negotiations to sell its money-losing PC operations to Asus, as part of a broader restructuring.

Toshiba seeks to fill the massive hole left in its finances by losses on U.S. nuclear operations. The company reached a deal in September to sell its flash memory unit and announced Tuesday that it will sell its television business to China's Hisense Electric.

Acquiring Toshiba's PC business could help Asus expand its sales in America and Europe.

However, a deal could be complicated since Lenovo Group has also reportedly expressed interest for Toshiba's unit.

Toshiba sells roughly 1.8 million PCs annually, putting its share of global sales at just 1%, under the pressure from rivals as HP and Lenovo.

NEC and Fujitsu have already sold or agreed to sell their PC operations to Lenovo.

Update: Toshiba said on Friday it had not entered into talks with any company to sell its personal computer business, denying Nikkei's report.



Previous
Next
FCC Approves Next Gen ATSC 3.0 TV Standard        All News        The OnePlus 5T is Coming with Dual-cameras, Fast Face Unlock for $499
G.Skill Unveils Trident Z DDR4-4400 32GB CL19 Kit     PC Parts News      Samsung, SK Hynix and Micron Lead the Server DRAM Market

Get RSS feed Easy Print E-Mail this Message

Related News
Toshiba and Western Digital Reach Settlement, Agree to Strengthen Flash Memory Collaboration
Toshiba and Western Digital Close to Agreement Over Memory Chip Sale
Toshiba Moving Closer to Deal With Western Digital
Toshiba Launches First 14TB HDD with Conventional Magnetic Recording
Toshiba Releases 10TB NAS-Class Hard Drive
Toshiba Unveils 2TB XG5-P NVMe SSD
Toshiba Offers New 10TB Surveillance Hard Disk Drive
Toshiba's Board Approves $5 billion Injection to Stay Listed
Toshiba Sells TV, Visual Solutions Unit to Chinese Hisense
Toshiba's Profit Jumps on Strong Memory Demand
ASUS ZenFone 4 Family Released in North America
Toshiba's Shareholders Approve Sale of Toshiba Memory

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .