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Toshiba is in serious financial troubles.

 

https://www.channelnews.com.au/toshiba-announce-12b-loss-future-in-doubt-as-pwc-refuse-to-sign-off-books/

 

Toshiba are into silicon chip manufacturing and most of there chips can be found in most electronics..  They are also into a range of products such as copiers, medical, computing and home entertainment.    

 

Hoepfully someone will bail bail them out.

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I don't think people fully comprehend just how big a problem Toshiba folding would be......well apart from the Japanese, as they would probably be left without power for the most part unless the government jumped in.

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Guest rmpfyf

The semi business will continue on somehow; someone will buy them. Same goes for Landis+Gyr and many others.

 

A new business units have tanked, the nuclear division spectacularly.

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