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Latest Mitsui Sumitomo Stories

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2012-07-25 14:50:46

Enid Burns for redOrbit.com - Your Universe Online Toshiba, the second largest manufacturer of chip memory, said it will reduce production of NAND flash memory chips by approximately 30 percent. The company released a statement on its website to share the information, and said the reduction will go into effect immediately. "Oversupply of NAND flash memory in the retail market, for application in USB memories and memory cards, has resulted in continual price declines since the beginning...

Toshiba Fined $87 Million In Price Fixing Scheme, Might Not Pay
2012-07-04 12:06:49

Michael Harper for redOrbit.com — Your Universe Online Japan electronics company Toshiba has just been ordered to pay $87 million in damages, thanks to a northern California judge and an alleged price-fixing scheme. Customers banded together to bring the class action suit against Toshiba, claiming the company had conspired to fixes prices of the liquid crystal display market. While not the only company accused in the class action, the other defendants opted to settle the case...


Word of the Day
mundungus
  • A stinking tobacco.
  • Offal; waste animal product; organic matter unfit for consumption.
This word comes from the Spanish 'mondongo,' tripe, entrails.