Reorganisation & Restructuring – Page 11

Toshiba Confirms Consumer PC Exit

by Tom Allen

The consolidation of Toshiba’s business (Toshiba Updates Forecasts, Deepens Loss) continues, with the news that the company is withdrawing from the consumer laptop business. Although it had previously been reported that Toshiba would sell …

Sony Forms BIG to Accelerate Time-to-Market

by Tom Allen

Sony’s Future Lab Program is also part of the BIGSony has formed the ‘Business Incubation Group’ – a division to bring together its new concept design and technology products under a single umbrella in …

Acer Splits to Focus on Recovery

by Tom Allen

Following the split of HP into two separate units, Acer has announced that it is taking the same path, in order to turn around its poor finances (revenue was down 20% YoY last year). …

Tags:Acer| Large Display Monitor| Mobile Display Monitor| Reorganisation & Restructuring| Vol 23 - Issue 12

JDI Closes Plants in Bid to Become Less Seasonal

by Tom Allen

Japan Display has announced a series of structural reforms, as it seeks to move to a business structure that is less influenced by seasonality than its current main market (smartphone displays). Since July last …

Tannas Becomes Pixel Scientific

by Tom Allen

Tannas Electronic Displays, which builds custom-sized LCD displays, was recently sold in a majority stock purchase to investors. Richard McCartney, of Scotts Valley, California, led the purchase and has been named as the new …

Opera Intends to Sell TV Business

by Tom Allen

Opera Software has announced that it is to sell off its TV business; a move that is being taken ‘in order for the TV business to achieve its full potential under a different ownership …

Tags:Large Display Monitor| Reorganisation & Restructuring| Vol 23 - Issue 10

Broadcom Announces Post-Acquisition Lay-Offs

by Tom Allen

Broadcom Ltd is to lay off 1,900 employees globally, says Reuters. The cuts, which will last to 2018, will cost the company up to $650 million. Avago finished its acquisition of Broadcom (Avago to …

Tags:Broadcom| Large Display Monitor| Mobile Display Monitor| Reorganisation & Restructuring| Vol 23 - Issue 09

Panasonic Undergoes Major Restructure

by Isaac Oburu

Panasonic has announced that it’s board of directors has reshuffled the representative directors due to senior management changes. Yasuji Enokido, Mototsugu Sato and Tetsuro Homma will serve as senior managing directors, leaving their previous …

3,000 Employees to Leave HP Inc

by Tom Allen

HP Inc. is accelerating its restructuring programme, and now expects about 3,000 employees to leave by the end of its current fiscal year – not over three years, as had previously been announced (HP …

Tags:HP Inc| Large Display Monitor| Mobile Display Monitor| Reorganisation & Restructuring| Vol 23 - Issue 08

More Thoughts on Sharp and Foxconn

by Bob Raikes

Well, is the Sharp deal on or off? That was the question that I was pondering last night as I returned from MWC and the Electronic Display/Embedded World event in Nuremberg. As I write, …

Restructuring Halts Toshiba Product Launch

by Tom Allen

Wearvue grew out of the Toshiba Glass concept, first seen in 2014 (Display Monitor Vol 21 No 41)An augmented reality product from Toshiba, called the Wearvue TG-01, has been scrapped – just one week …

Arris Warns of 10% Cuts

by Tom Allen

Arris has made ‘substantial progress’ in the integration of UK STB company Pace (Arris to Acquire Pace for $2.1 Billion). The company closed the deal in January, following a declaration of full year 2015 …