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Sony and Toshiba today announced that both companies have entered into a non-binding memorandum of understanding to negotiate the transfer of certain Toshiba-owned facilities such as the CMOS image sensor engineering and design.
Sources told Reuters that Toshiba is going to sell its image sensor business to Sony for about US$165 million and the deal is likely to be finalized soon.
Plextor has just introduced a new entry-level SSD targeted at mainstream users. The new M6V drive is driven by a Silicon Motion controller and uses Toshiba's newest 15nm Toggle NAND flash memory.
Hsiao Tanaka, CEO and president of Toshiba, resigns after the exposure of the company's accounting scandal that lasted for six years.
Toshiba will leave Singapore by end of May this year. The Japanese multinational conglomerate cites stiff competition as the reason but there could be more behind its sudden departure.
Toshiba has announced the launch of 3TB models of its Canvio Basics and Canvio Connect II portable external hard disk drives. These are also the world's first 3TB portable external hard disk drives.