Accounting scandals to have serious impact on Japanese Toshiba company's performance, in order to improve the profit, Toshiba is in, semiconductors, and personal computers, white goods and other business on a major restructuring. According to the nikkei daily news on January 23, Toshiba has formally formulated the detailed plan of chip business restructuring in addition to the advantage of flash memory chips, and other business will transfer to foreign, Toshiba is expected to billions of dollars of income through the transfer of assets.
The end of December,, Japanese media reported that Toshiba will be carried out on the semiconductor business spin-off restructuring plan. A detailed plan has finally come.
According to the nikkei report, the Toshiba flash chips ranked second in the world, second only to samsung electronics, flash memory chips and Toshiba important profit source, so Toshiba will retain the business in the future.
Most of the chip business to other foreign transfer, including analog chips, LSI chips, microcontrollers, power saving chip, etc. The main purpose of these chips including automotive, industrial machinery and equipment, home appliances, construction equipment and so on.
Toshiba, the transfer of the chip business, income is nearly $1.7 billion a year, through transfer of relevant business and other equipment, Toshiba will be about $1.7 billion to the cage, the proceeds will be used to support flash memory chip business, which will continue to invest in Japanese oita, flash memory chip manufacturing base.
According to the report, Toshiba has started to chip transfer deal bidding, development bank has expressed interest in Japan. Development bank of Japan is a Japanese government funds in nature, in Japan the entity industry restructuring, the bank and the Japanese seiko holding company operates a semiconductor joint venture together, has been seeking and Toshiba chip business to cooperate.
The other Japanese fund may also be involved in the purchase of Toshiba's assets. About at the end of march, Toshiba will determine the final flange. According to the situation of the buyer or other conditions, Toshiba may also be kept small stakes to the transfer of the business.
In recent years in the smartphone industry instead of the personal computer, the Internet of things, such as intelligent household chip under the background of the rise of the global semiconductor industry set off a reorganization of the storm, some companies out of the semiconductor market. While Intel for $16.7 billion, bought a chip company to strengthen Internet of chip.
Toshiba semiconductor business hasn't been spared. Before this, the company has taken the image sensor business for $160 million transferred to the SONY company, be transfer objects including points of chip manufacturing factory is located in Osaka, Japan. Toshiba has announced will be out of the LED business losses.
In the restructuring plan, Toshiba's strategy is concentrated. In addition to semiconductor business, Toshiba has a laptop computer business. According to the nikkei report, Toshiba is negotiate with other companies such as Japan's Fujitsu, hope merge computer business, in addition is also considering and Japan sharp white goods business merger.
In the restructuring plan, Toshiba will lay off ten thousand employees.
Because of the restructuring plan on spending, on 31 March 2016 in the fiscal year, Toshiba is expected to quote us $4.6 billion in losses.
To give a restructuring plan to raise money, Toshiba is also planning to foreign transfer is profitable "Toshiba medical systems" business.
Toshiba's future several pillar business will include: flash memory chips, nuclear and coal power plant, in the field of power plant construction, Toshiba now has the dominant position in the world. Toshiba's Westinghouse electric company, is currently in India and other developing countries selling the latest technology of nuclear reactors.
According to the report, Toshiba hope relevant business restructuring within the 2015 fiscal year end, and in the 2016 fiscal year, the company will be back on a growth track.
