VENTURE CAPITAL POST

Toyota has been working with the local government along with Toshiba Corp. and Iwatani Corp. regarding hydrogen fuel cell. Hydrogen will be taken from the wind-power plant in Yokohama Hama Wing that will be compressed and delivered by a truck.

It's a race for Toshiba Medical Unit between Canon, Fujifilm Holdings, Konica Minolta and Permira Holdings. Nikkei said Canon has the highest bid amounting to $6.2 billion. Whoever the winner is, will be decided on Wednesday.

InVisage unveiled SparkP2 for Internet of Things instruments. The SparkP2 has the potential to arrest 2-megapixel pictures and consumes less power than the traditional silicon cameras.

The global PC shipments are shrinking significantly with ever growing popularity of smart phones and tablets. Amid volatile market situation, Vaio, Toshiba and Fujitsu have been rumored to reach in a consensus for developing a PC manufacturing firm. However, it will be difficult for the joint ventured entity to spread dominance outside Japan.

Amidst a major accounting scandal, Japanese electronics major Toshiba is in the process of offloading its $7.4 billion (GBP4.87billion) commitment on US liquefied natural gas (LNG) imports.

Japanese engineering conglomerate Toshiba announced on Wednesday that it will sell its image sensor business to Sony for a reported 20 billion yen, as it plans to overhaul its semiconductor business, which is still recovering from a $1.3 billion scandal.

In the 1980s when Sony and Toshiba were setting the agenda in the global TV and memory chip markets Japan was bristling with confidence as a hub of technological innovation.

CEZ Group, a utility conglomerate based in Prague, could ink a $10 billion deal to expand the Temelin nuclear power plant some time in the second quarter of 2015. CEZ is in talks with US' Westinghouse and a consortium that includes Russia's Atomstroyexport, according to a Reuters report.

HP sued three optical disk drive makers for fixing the prices it bought from 2004 to 2010.

Amkor Technology announced it has purchased Toshiba Electronics Malaysia but financial details about the deal were not disclosed.

Toshiba would cut its expenses on its TV and PC business by US$300 million over the next two years.

Toshiba is investing in technology amounting to JPY 20 to JPY 30 billion in its bid to boost its position in the venture.

Toshiba Corp and GE will begin discussions toward forming joint venture for development and sale of fossil-fuel power equipment