[Most Recent Entries] [Calendar View]
Wednesday, June 21st, 2017
| Time | Event | |||||||||||||||||||||||||||||
| 8:30a | Toshiba Selects Japan-U.S. Consortium As Preferred Buyer For Memory Business
Toshiba has selected a consortium as their preferred bidder in the sale of Toshiba's memory business. The consortium is led by the Innovation Network Corporation of Japan, an investment partnership between the Japanese government and 26 Japanese corporations. Toshiba hopes to have an agreement in place in time for their June 28 annual shareholder meeting and to close the deal by March 2018. Besides the Innovation Network Corp. of Japan (INCJ), the consortium also includes the Development Bank of Japan as well as Bain Capital Private Equity. INCJ is a public-private investment company owned by the government and 19 private corporations; it was established in 2009 with the purpose of revitalizing industry in the country. The company played a key role in establishment of Japan Display Inc. (JDI), which absorbed LCD divisions of Sony, Toshiba and Hitachi. Development Bank of Japan is an investment and financial services organization that is expected to be privatized eventually, but is currently used to fund everything from reinforcing competitiveness of enterprises to disaster relief. For Bain Capital Private Equity a partial acquisition of Toshiba's memory business would be the first investment in semiconductors as previously the company focused primarily on software and services (e.g., Symantec, Myob, etc.). From reports, it appears that Bain itself is being further backed by none other than Toshiba's rival in the memory business, SK Hynix.
Toshiba said that the consortium presented the best proposal “not only in terms of valuation, but also in respect to certainty of closing, retention of employees and maintenance of sensitive technology within Japan.” Meanwhile, Western Digital continues to object to Toshiba's efforts to spin off and sell their portion of the Toshiba–SanDisk joint venture. Western Digital has not been able to keep pace in the bidding war for Toshiba's memory business, and they are seeking to intervene in any attempt by Toshiba to conduct a sale without consent from Western Digital's SanDisk subsidiary. In May, Western Digital initiated arbitration proceedings against Toshiba, and last week Western Digital filed for a preliminary injunction to prevent Toshiba from selling the memory business until the arbitration is resolved. A hearing on the injunction request is scheduled for July 14. A profitable sale of the memory business is crucial to Toshiba's financial health as other portions of the conglomerate are deeply troubled. Toshiba's Westinghouse nuclear power subsidiary filed for Chapter 11 bankruptcy earlier this year after an annual loss of around $9 billion. Those losses and continued effects from previous accounting scandals forced Toshiba to put their thriving flash memory manufacturing business on the market as the only way to raise enough money in a short timeframe. The winning bid for Toshiba's memory business is expected to be at least $18 billion. No matter who ends up buying the Toshiba memory business, the landscape of the flash memory market will be very different. Toshiba is currently the second-largest manufacturer of NAND flash memory, behind Samsung, with the sale coming at a time when all memory prices are spiking due to high demand. | |||||||||||||||||||||||||||||
| 11:00a | MSI Announces GeForce GTX 1080 Ti LIGHTNING Z
After posting a teaser video last week, MSI has followed up by announcing their latest ultra-high-end Lightning-branded graphics card: the MSI GeForce GTX 1080 Ti LIGHTNING Z. The triple-slot-width, triple-fan, and triple-8-pin power connector card comes equipped with all the latest in thermal solutions, overclocking design, and shiny colors. Yes, for those hoping that ‘Lightning’ correlates with ‘lighting,’ the LIGHTNING Z comes LED-strewn and slickly-hewn with Mystic Light RGB control, backplate, and alternate colored shroud highlights. A key feature of the LIGHTNING Z is a BIOS switch that toggles “LN2 Mode,” which lifts power/current and thermal limits. The allure here is that for extreme overclockers used to hard volt-modding (with pencil or otherwise) can simply flick the switch when necessary. At the same time, MSI also advertises Military Class 4 components, as well as card features such as V-Check Points, a hardware-based voltage measurement design, and Quadruple Overvoltage, a specialized auxiliary voltage system.
Keeping the beast cool is MSI’s Tri-Frozr design, armed with 3 TORX 2.0 Fans (1 x 9cm, 2 x 10cm). Alongside the main heatsink/heatpipe complex, the card has a flatter memory/MOSFET heatsink and heatpipe, as well as a rear heatpipe in between the PCB and backplate. The custom PCB itself possesses 10 layers, 14 GPU power phases, and 3 memory power phases.
And as for Mystic Light, MSI’s LED control software enables users to synchronize and adjust lighting across devices, other components, and peripherals, even changing color schemes from the luxury of your smartphone. MSI has not released pricing information at this time. The LIGHTNING Z is “expected to be available in July.” Source: MSI | |||||||||||||||||||||||||||||
| << Previous Day |
2017/06/21 [Calendar] |
Next Day >> |