Toshiba

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Historic Industrial Companies Split Up

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General Electric, Johnson & Johnson, and Toshiba announced they are restructuring. Supply shortages create new opportunities for equipment vendors and 3D printing to fill demand. Robots crawl sewers and outer space.

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Toshiba Announces Strategic Reorganization to Separate Into Three Standalone Companies to Enhance Shareholder Value

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Organizations: Toshiba

Toshiba Corporation (TOKYO: 6502) (“Toshiba” or the “Company”) today announced its intention to separate into three standalone companies:

  • Infrastructure Service C o. 1, consisting of Toshiba’s Energy Systems & Solutions, Infrastructure Systems & Solutions, Building Solutions, Digital Solutions and Battery businesses;
  • Device Co. 2, comprising Toshiba’s Electronic Devices & Storage Solutions business; and
  • Toshiba, holding its shares in Kioxia Holdings Corporation (KHC) and Toshiba Tec Corporation (TOKYO: 6588).

Read more at Toshiba Press Releases