Reorganisation & Restructuring – Page 14

Toshiba CEO Resigns Over Accounting Scandal

by Helen Vince

Toshiba’s president and CEO, Hisao Tanaka, along with five other senior executives, have stepped down from their positions over the accounting scandal which emerged last month. The company announced a sweeping reorganisation of its …

Tags:Large Display Monitor| Reorganisation & Restructuring| toshiba| Vol 22 - Issue 30

Microsoft to Cut 7,500 Jobs

by Helen Vince

Microsoft says it will cut 7,500 jobs, around 7% of its workforce, primarily in its phone hardware business, and write down approximately $7.6 billion related to its Nokia phone business. Around one third of …

Intel Shakes Up Management

by Helen Vince

Aicha EvansIntel has announced a series of leadership and organisational changes. Intel president Reneé James is to leave the company and take up an external CEO role in January 2016. Aicha Evans, general manager …

Tags:Intel| Large Display Monitor| People| Reorganisation & Restructuring| Vol 22 - Issue 28

Securities Commission Estimates HP’s Post-Split Performance

by Tom Allen

HP has formally confirmed its intent to split its business into two separate divisions (HP to Split into Two Companies), known as Hewlett-Packard Enterprise and HP Inc. The former will look after HP’s enterprise …

Tags:HP Inc| Large Display Monitor| Mobile Display Monitor| Reorganisation & Restructuring| Vol 22 - Issue 27

Cree Restructures LED Business, Cuts Forecast

by Helen Vince

Cree has announced a restructuring of its LED business in order to cut excess capacity and overhead costs. The company also reduced its fiscal fourth quarter revenue forecast to $375 million, from its earlier …

Tags:Cree| Large Display Monitor| Mobile Display Monitor| Reorganisation & Restructuring| Vol 22 - Issue 27

Toshiba to Partner with Compal on TVs in Europe

by Helen Vince

Toshiba has announced a new partnership agreement with Compal Electronics, which will see the Taiwanese company take on responsibility for Toshiba’s TV brand licensing in Europe. The move follows Toshiba’s announcement in January that …

Intel Planning Major Restructuring

by Helen Vince

There are unconfirmed reports that Intel is planning a major reorganisation which could see jobs cut across the company. A US newspaper claims to have seen an internal Intel document which told employees that …

Sharp Secures Second Bank Bail-Out

by Helen Vince

After months of speculation, Sharp has unveiled its new medium-term management plan which includes the second bank bail-out in three years and the cutting of 10% of its global workforce. The company also said …

Intel Creates New Technology Group

by Helen Vince

Intel is reported to have reorganised its mobile related operations to create a new technology group, which will incorporate the former New Devices group and a number of research and product development efforts. The …

Tags:Intel| Large Display Monitor| Mobile Display Monitor| Reorganisation & Restructuring| Vol 22 - Issue 19

Blackberry May Close Sweden Office

by Helen Vince

Blackberry is reported to be considering plans to close its offices in Sweden, with the loss of 100 jobs. A spokesman was quoted as saying that it is consulting with the employees’ trade unions …

Tags:BlackBerry| Mobile Display Monitor| Reorganisation & Restructuring| Vol 22 - Issue 18

Wintek Wins Reprieve from Court

by Helen Vince

Taiwan’s Taichung District Court has approved Wintek’s restructuring plan. Last October, the troubled touch panel maker filed its restructuring panel and an emergency injunction seeking court protection of its assets. The court appointed three …

Tags:Mobile Display Monitor| Reorganisation & Restructuring| Vol 22 - Issue 18| Wintek

Samsung to Split OLED Business?

by Helen Vince

There have been further unconfirmed reports that Samsung Display has decided to split its OLED panel unit from its LCD business and is also considering resuming production of large-format OLED panels for TVs. Rumours …

Tags:Large Display Monitor| Mobile Display Monitor| Reorganisation & Restructuring| Samsung| Vol 22 - Issue 17