eFinanceMarkets
7 years ago
Reuters: Toshiba's Westinghouse to file for bankruptcy today
Toshiba's (OTCPK:TOSBF +1%) Westinghouse Electric unit will file for Chapter 11 bankruptcy protection today, Reuters reports.
Pittsburgh-based Westinghouse has been crippled by cost overruns at two U.S. nuclear energy projects in Georgia and South Carolina; Southern Co. (SO -0.3%) and Scana (SCG +0.3%), the two U.S. utilities that operate the respective nuclear plants, are among its biggest creditors.
A Chapter 11 move likely will spark complex negotiations between the Japanese conglomerate, its U.S. unit and creditors, and could embroil the U.S. and Japanese governments given the scale of the collapse and U.S. state loan guarantees for new reactors.
pennystock_es
10 years ago
Andrea ANDR Files Patent Infringement Lawsuits Against Toshiba, Lenovo And Acer
PR Newswire Andrea Electronics Corporation
2 hours ago
BOHEMIA, N.Y., July 28, 2014 /PRNewswire/ -- Andrea Electronics Corporation (OTCBB:ANDR - News), a leading developer of hardware and software microphone technologies, announced today that it has filed patent infringement lawsuits against Toshiba Corporation, Toshiba America, Inc., Toshiba America Information Systems, Lenovo Group Ltd., Lenovo Holding Company, Inc., Lenovo (United States) Inc., Acer Inc., and Acer America Corporation, in the United States District Court for the Eastern District of New York.
Andrea is asserting infringement related to U.S. Patent numbers 6,483,923 ("System and Method for Adaptive Interference Cancelling"), 5,825,898 ("System and Method for Adaptive Interference Cancelling"), 6,363,345 ("System, Method and Apparatus for Cancelling Noise"), and 6,049,607 ("Interference Canceling Method and Apparatus").
According to the Complaints, the named defendants offer in the United States products, such as desktop and laptop computers, that use the patent protected audio enhancement technology. The suits seek, among other things, monetary damages and injunctive relief prohibiting the defendants from using the patented technology in their products.
An American Innovator
Since 1934, Andrea Electronics has been an American-owned business on the leading edge of innovation. In the early 1940's, Andrea was one of the very first elite U.S. television manufacturers. In the 60's the company designed the capsule's intercom communication system used in the first manned Mercury space flight and military intercoms for F16 fighter jets and helicopters. Andrea's microphone array and other advanced noise cancellation technologies have been embedded into hundreds of millions of computers and other devices. The SuperBeam Stereo Array Microphone headsets and DA- 250 digital microphone stand alone solution for OEMs are among the latest innovations from Andrea Electronics.
About Andrea Electronics
Andrea Electronics Corporation designs, develops and manufactures audio technologies and equipment for enhancing applications requiring high performance quality voice input. The company's patented Digital Super Directional Array (DSDATM), PureAudioTM and EchoStopTM far-field microphone technologies enhance a wide range of audio products to eliminate background noise and ensure the optimum performance of voice applications. Visit Andrea Electronics' website at www.AndreaElectronics.com or call 1-800-442-7787.
Media Contact:
Corisa L. Guiffre
Andrea Electronics
Chief Financial Officer
(631) 719-1800
(800) 707-5779
http://finance.yahoo.com/news/andrea-files-patent-infringement-lawsuits-121000129.html
Hostile Takeover
13 years ago
TOSHIBA CORPORATION is a Japan-based manufacturer that operates in five business segments. The Digital Product segment manufactures and sells cellular phones, hard disc devices, optical disc devices, televisions, camera systems, digital versatile disc (DVD) players and recorders, personal computers (PCs) and combined machines, among others. The Electronic Device segment provides general logic integrated circuits (ICs), optical semiconductors, power devices, large-scale integrated (LSI) circuits for image information systems and liquid crystal displays, among others. The Social Infrastructure segment manufactures and sells various generators, power distribution systems, water and sewer systems, transportation systems and station automation systems, among others. The Home Appliance segment provides refrigerators, drying machines, washing machines, cooking utensils, cleaners and lighting equipment, among others. The Others segment is involved in the provision of logistics services.
Hostile Takeover
13 years ago
Asia Pulse
Toshiba Corp. (TSE:6502) plans to turn its smart-community operations into a major earnings source, shifting away from its focus on semiconductors and nuclear power, according to its new medium-term business plan.
Under the plan unveiled Tuesday, Toshiba has set its sights on tripling sales from its smart-community business from fiscal year 2010 to 900 billion yen (US$11 billion) in fiscal 2015.
Because the smart-community business encompasses diverse fields ranging from power generation to smart grids and various energy-saving systems, Toshiba has yet to cover the market's full spectrum. To facilitate the acquisitions needed to build vertically integrated operations, the company has set aside 700 billion yen for M&As and tie-ups.
Toshiba also plans to beef up the green-electronics-parts business, which includes storage batteries and efficient motors. And it is looking to boost its renewable-energy business by roughly sevenfold by fiscal 2015. The firm also aims to quadruple its power electronics and electric vehicle operations, which cover lithium ion batteries and highly efficient motors.
Meanwhile, the company revised its goal of earning 1 trillion yen in sales from nuclear power operations by winning 39 new orders by fiscal 2015, indicating that the time frame will be extended by several years.
In its three-year earnings plan, released also on Tuesday, Toshiba set the goal of increasing group sales to 8.5 trillion yen in fiscal 2013, up 33 per cent from fiscal 2010, and doubling group operating profit to 500 billion yen. It also intends to raise its overseas sales ratio to 65 per cent from 55 per cent and generate equal sales in Japan, the U.S. and Europe, and emerging countries.
odinpinetree
15 years ago
Toshiba Launches New Li-Ion Battery Business; Plans to Enter Hybrid and Electric Vehicle Market
11 December 2007
http://www.greencarcongress.com/2007/12/toshiba-launche.html
The SCiB offers high power performance, equivalent to that of an electric double layer capacitor, according to Toshiba. Click to enlarge.
Toshiba Corporation announced the commercial launch of the SCiB—the Super Charge ion Battery—a fast-charging battery that offers excellent safety and a long-life cycle of over 10 years, even under conditions of constant rapid charging. The safety characteristics of SCiB allow recharge with a current as large as 50 amperes (A), allowing the SCiB Cell and SCiB Standard Module to recharge to 90% of full capacity in only five minutes, according to Toshiba.
Toshiba aims to make the SCiB a mainstay of its industrial systems and automotive products businesses, with global sales of ¥100 billion (US$895 million) targeted for fiscal year 2015. For the automotive market, Toshiba plans initial application in hybrid cars, and intends to extend the application to electric cars in the future after advancing development of a high-performance SCiB cell. The first SCiB will be shipped from March 2008.
According to a report in the Nikkei, Toshiba will begin producing 150,000 batteries a month at a Saku, Nagano Prefecture, factory. It will shift to mass production by 2010 with plans to make 600,000 cells for hybrid and electric vehicles and 400,000 batteries for forklifts and other industrial equipment.
With the SCiB Toshiba has progressed beyond the breakthrough in fast recharging lithium-ion technology that it announced in March 2005. (Earlier post.) For the SCiB, Toshiba adopted a new non-carbon anode material offering a high level of thermal stability; a high flash point electrolyte; and a structure resistant to internal short circuiting and thermal runaway.
This is a truly innovative battery. The excellent performance of the SCiB will assure its successful application in industrial systems and in the electronic vehicles markets as a new energy solution. In terms of environmental impacts, the SCiB offers a long life that will reduce waste.
—Toshiharu Watanabe, Corporate Vice President of Toshiba Corporation and Chief Executive Officer of Toshiba's Industrial Systems Company
A SCiB Standard Module comprises ten 4.2 Ah, 2.4V SCiB cells aligned in series connection and a battery management system (BMS) that monitors voltage and temperature in order to protect the cells in case of emergency, and that balances the state of charge in each cell. The SCiB cell weighs approximately 150 grams; the module weight approximately 2 kilos.
Capacity loss after 3,000 cycles of rapid charge and discharge is less than 10%. SCiB is able to repeat the charge-discharge cycle over 5,000 times (more than 10 years with a once-a-day cycle). SCiB operates well in temperature extremes, with sufficient discharge at temperatures as low as -30°C.
buhg1b
16 years ago
Toshiba aims to double profits over three years: president
26 minutes ago
TOKYO (AFP) — Japan's Toshiba Corp. said Thursday that it aims to more than double operating profit over the next three years as it focuses on semiconductors and nuclear power plants after defeat in a DVD format war.
The upbeat forecasts came despite growing headwinds for Japan's technology giants amid fierce global price competition and a stronger yen, which is bad for overseas earnings.
Toshiba is targeting an operating profit of 500 billion yen (4.8 billion dollars) in the year to March 2011, up from 238.1 billion last year, when earnings slipped amid tough competition, president Atsutoshi Nishida told reporters.
Toshiba, which recently called it quits in a next-generation DVD format war, is targeting revenue of 10 trillion yen, up from 7.67 trillion last year.
"We aim to achieve high growth and profits in all business domains and reinforce our global business expansion," said Nishida.
The group plans capital spending of 2.2 trillion yen on new plants and equipment over the next three years, up from about 1.7 trillion yen over the previous three years, to expand its semiconductor and nuclear power businesses.
It will spend a further 1.4 trillion yen on research and development.
Toshiba is a leading manufacturer of NAND flash memory chips that are used in iPods and other digital music players, and recently announced plans to invest 1.8 trillion yen along with US partner SanDisk Corp in a new factory in Japan.
The Japanese giant aims for a 40 percent rise in sales of electronic devices over the next three years, and a similar increase in digital products such as televisions and computers.
It plans to boost exports to offset sluggish domestic demand.
Toshiba, which bought US nuclear plant maker Westinghouse Electric from British Nuclear Fuels in 2006, said it hopes to sell 33 nuclear reactors by 2015.
"The US market has acknowledged Toshiba's entry into the nuclear power business," said Nishida. "US companies, which until didn't know about Toshiba, approached us for strategic talks," he added.
Toshiba said it will hire 16,000 more workers overseas over the next three years as it expands manufacturing hubs in emerging economies in Asia, Latin America and Eastern Europe.
http://afp.google.com/article/ALeqM5iSTotSzZPx-ZSdYgFEOuuMKY0c3A
buhg1b
16 years ago
Apple pushes past Toshiba in US
By Tony Smith
17 Apr 2008 12:10
Apple grabbed 6.6 per cent of the US personal computer market during Q1 on the back of a leading year-on-year 32.5 per cent jump in unit shipments, research company Gartner said yesterday.
The move saw Apple push past Toshiba to become the quarter's fourth most successful computer maker in terms of units shipped.
Click here to find out more!
Dell and HP remained in the number one and number two slots they held in Q1 2007, granting them US market shares of 31.4 per cent and 25 per cent, respectively. Dell's shipments were up 15.7 per cent quarter-on-quarter - HP's were down by 0.2 percentage points.
Third-placed Acer saw shipments drop 18.3 per cent between Q1 2007 and Q1 2008, resulting in its share of the US market falling from 11.5 per cent to 9.1 per cent. That's just 2.5 percentage points ahead of Apple, so the Mac maker could well regain the top-three positioning it held in the early and mid-1980s, albeit with a lower market share than it had back then.
Toshiba's shipments were up quarter on quarter, but only by 4.4 per cent - not enough to prevent its Q1 2008 unit shipments - 840,000 in the end - being exceeded by Apple's 1.01m machines. Toshiba's share of the market was 5.5 per cent.
American Apple fans may rejoice at Gartner's numbers, but their overseas compadres have less reason to be cheerful. Worldwide, Apple failed to make the top five. World+Dog favoured HP, which took 18.3 per cent of the global computer market in Q1. Dell's share was 14.9 per cent, followed by Acer (9.5 per cent), Lenovo (6.7 per cent) and Toshiba (4.3 per cent).
Internationally, all of the top-five players saw shipments rise quarter on quarter by between 17.5 per cent (Dell) and 25.2 per cent (Acer).
Worldwide, some 71.06m computers shipped in Q1, up 12.3 per cent on Q1 2007's 63.25m total. In the US, the Q1 2008 and Q1 2007 totals were, respectively, 15.22m and 14.78m - a growth rate of three per cent.
http://www.channelregister.co.uk/2008/04/17/gartner_q1_sales_figures/
buhg1b
16 years ago
Toshiba Shows Prototype Home Management Robot
Monday, March 31, 2008 7:10 AM PDT
If you've become hostage to a clutch of remote controls in your living room, never quite sure what all the buttons do and confusing different controllers for different gadgets, then Toshiba might have the answer. It's developed a prototype robot that can act as a voice gateway to just about anything in the room that has a remote control.
The robot is called "ApriPoco" -- a name that mixes up the previous robot's ApriAlpha moniker with the Italian "poco a poco" for "little by little," which is the pace at which it learns commands from users, said Daisuke Yamamoto, a research scientist at Toshiba's humancentric laboratory here in Kawasaki, near Tokyo.
When activated in a room it watches for the infrared signals emitted by remote controls and when it senses one it asks the user "What are you doing?" From the voice reply, for example "Switching on the TV," it begins to learn the meaning of each signal and eventually can imitate the remote control when commanded by voice. So all it takes is to say "Switch on the TV" and the set should spring to life.
The robot also has the ability to remember program names or genres but right now can't match it up with an electronic program guide to, for example, find which channel is broadcasting a news program in response to the command "news."
In a demonstration at the R&D lab in Kawasaki the ApriPoco was able to switch on and off a TV, air conditioner and lamp in response to commands from Yamamoto.
The user has to speak clearly and use simple language to stand a chance of being understood. Toshiba's researchers liken the language required to something like that of a mother speaking to a young child or baby and it's for that reason that ApriPoco has been designed to look somewhat like a baby. It's 27 centimeters tall and has a large round body with small fat wings that take the place of arms, and large, round eyes.
At present the speech recognition system isn't inside ApriPoco. Half of the robot's functions, including the voice recognition system, run in a laptop PC that sits nearby but that will soon be built inside the next version of the prototype device.
The ApriPoco project began in 2006 and the prototype robot shown on Monday is the first public product from the work. Toshiba's robotics work goes back further and ApriPoco's lineage can be traced back to the ApriAlpha project that began in 2003. There are plenty of design similarities between the two robots although the new prototype is much smaller.
Toshiba wants to develop the robot into a commercial product but more development works needs to be done so at present there are no plans to put ApriPoco on sale.
http://www.pcworld.com/article/id,143977-c,artificialintelligence/article.html
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White Coal
6 years ago
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