(Reuters) – Memory chipmaker SanDisk reported an 11 percent rise in second-quarter revenue as its growing focus on high-end solid-state drives helped offset volatile prices for memory chips. Net income rose to $273.9 million, or $1.14 per share, in the quarter ended June 29, from $261.8 million, or $1.06 per share, a year earlier. Revenue […]
Toshiba Corp, a top maker of flash memory chips used in smartphones, said on Tuesday it has filed suit in a Taiwan court against Taiwans Powerchip Technology Corp and three other firms charging infringement of its flash memory patents. A Toshiba spokesman said the company was seeking T$100 million ($3.3 million) in compensation in the […]
Japans Toshiba Corp forecast operating profit to climb 14 percent to a record this business year, as buoyant sales of power grid equipment and robust income from flash memory chips offset weakness in its nuclear reactor business. Increased demand for power distribution systems and railroad network equipment is expected to help profit at its energy […]
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