On Friday Toshiba revealed its restructuring plans aimed at returning the company to profitability and growth through management accountability.
Of special interest to The SSD Guy was the fact that the company will refocus its semiconductor and HDD businesses, currently called the “Semiconductor & Storage Products Company” partly by giving it a new name: “Storage & Electron Devices Company”. This division will focus on the semiconductor group’s good prospects and profitability while maintaining a focus on the fact that SSDs and HDDs share a business. In the not-too-distant past Toshiba has run these two businesses separately.
The group plans to be “A pillar of income with Memories as a core business”. To achieve this, Toshiba has stated that it will enhance its NAND cost competitiveness by accelerating development of BiCS (Toshiba’s 3D NAND technology) and by expanding the SSD business. There are three parts to this Continue reading “Toshiba Reveals Restructuring Plans”