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Showing posts from March, 2023

As far as Lansheng Technology knows: the global semiconductor giant announced an expanded layoff plan, due to a single quarter loss of 2.3 billion US

  According to a report on the 28th local time by MarketWatch, a Dow Jones company's financial website, memory chip maker   Micron Technology   announced a record quarterly loss due to inventory write-downs of more than $1.4 billion. The report pointed out that Micron Technology’s second-quarter loss was US$2.31 billion, or US$2.12 per share, with sales of US$3.69 billion, lower than the US$7.79 billion in the same period last year. The company's previous largest quarterly loss on a GAAP basis was $1.94 billion in the same quarter in 2003, according to FactSet records. After accounting for stock-based compensation and restructuring costs from recent layoffs, the company lost $1.91 a share, compared with adjusted earnings of $2.14 a year earlier. Sanjay Mehrotra, CEO of Micron Technology, said, "We now believe that customer inventories in several end markets have decreased, and we expect the supply-demand balance to gradually improve in the coming months. Excluding the impa

According to reports collected by Lansheng Technology: Toshiba accepts the $15.3 billion acquisition offer and will not split the semi-guided business

Toshiba , which is undergoing reorganization, has accepted the acquisition plan proposed by Japan Industrial Partners (JIP) composed of Japanese domestic companies on March 23. Based on Toshiba's market value, the amount of this public acquisition is about 15.3 billion US dollars . According to Digitimes, JIP is composed of 17 Japanese companies including Orix, Chubu Electric Power Company, and  Rohm Semiconductor . In this acquisition, a bank consortium composed of six Japanese financial companies including Sumitomo Mitsui Banking Corporation will provide financing to provide sufficient financing for the acquisition. funds. In the proposal of Japanese industrial partners, the goal is to enable Toshiba’s corporate value to gradually increase in the long run. After the acquisition, Toshiba will be delisted and re-listed after the corporate value increases. JIP started to carry out related operations in late July last year, acquiring at a price about 10% higher than the target stock