Toshiba

Toshiba

Toshiba Corporation.  is a Japanese multinational engineering and electronics conglomerate corporation headquartered in Tokyo, Japan. Its products and services include information technology and communications equipment and systems, electronic components and materials, power systems, industrial and social infrastructure systems, consumer electronics, household appliances, medical equipment, office equipment,

lighting, and logistics. Toshiba is organised into four business groupings: the Digital Products Group, the Electronic Devices Group, the Home Appliances Group and the Social Infrastructure Group.

In 2001, Toshiba signed a contract with Orion Electric, one of the world's largest OEM consumer video electronic makers and suppliers, to manufacture and supply finished consumer TV and video products for Toshiba to meet the increasing demand for the North American market. The contract ended in 2008, ending 7 years of OEM production with Orion. In December 2004, Toshiba quietly announced it would discontinue manufacturing traditional in-house cathode ray tube (CRT) televisions. In 2006, Toshiba terminated production of in-house plasma TVs. In July 2005, BNFL confirmed it planned to sell Westinghouse Electric Company, then estimated to be worth $1.8 billion (£1 billion). The bid attracted interest from several companies including Toshiba, General Electric and Mitsubishi Heavy Industries and when the Financial Times reported on January 23, 2006 that Toshiba had won the bid. In late 2007, Toshiba took over from Discover Card as the sponsor of the top-most screen of One Times Square in New York City. It displays the iconic 60-second New Year's countdown on its screen, as well as messages, greetings, and advertisements for the company. In January 2009, Toshiba acquired the HDD business of Fujitsu. Toshiba announced on May 16, 2011, that it had agreed to acquire all of the shares of the Swiss-based advanced-power-meter maker Landis+Gyr for $2.3 billion. In January 2014, Toshiba completed its acquisition of OCZ Storage Solutions.

Toshiba was the world's fifth-largest personal computer vendor measured by revenues (after Hewlett-Packard, Dell, Acer and Lenovo). In the same year, it was also the world's fourth-largest manufacturer of semiconductors by revenues (after Intel Corporation, Samsung Electronics and Texas Instruments).Toshiba is listed on the Tokyo Stock Exchange, where it is a constituent of the Nikkei 225 and TOPIX indices, the Osaka Securities Exchange, the Nagoya Stock Exchange and the London Stock Exchange