Toshiba Corporation Restructures Production Through Samsung Agreement

Toshiba Corporation Restructures Production through Samsung Agreement

The third biggest chip manufacturer in the world, Toshiba Corporation, will restructure its microchip production as a number of its system microchips will be outsourced to Samsung Electronics while the Sony Corporation will purchase one of its microchip manufacturing lines. The move comes after the Toshiba Corporation incurred a $3.4 billion operating loss in 2008 [...]