Toshiba to Close Osaka Refrigerator Plant
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By Kyodo News International, Tokyo  Feb. 16--TOKYO -- Toshiba Corp. said Friday it will close its  refrigerator plant in Ibaraki, Osaka Prefecture, in March 2008 as part of  efforts to improve the competitiveness of its household electrical products.
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Sony Corp  said on Wednesday it will sell its microchip production facilities in western Japan to Toshiba Corp  for 90 billion yen ($835 million), in their latest move to focus on their core businesses.
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The Lithuanian government  says it will  close one of two reactors at its controversial Chernobyl-style nuclear power plant.
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Reuters confirms Toshiba will cease manufacturing HD-DVD equipment, which leaves Blu-Ray as the presumptive victor in the irrelevant optical disk format war. Rob Beschizza reports in his Gadget Lab blog.
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Whirlpool Corp  said on Thursday  it planned to close two refrigerator plants and cut about 1,250  jobs in a restructuring expected to cost $15 million to $20  million.
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KASHIWAZAKI, Japan -- An earthquake-racked nuclear power plant was ordered closed indefinitely yesterday amid growing anger over revelations that damage was much worse than initially announced and mounting international concern about Japan's nuclear stewardship.
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A SMALL nuclear test reactor in Norway has been shut down after increased radioactivity was detected in the plant.
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(2nd para corrected)  Tokyo, Feb. 19 (Jiji Press)--Toshiba Corp.  has developed an environmentally friendly technology to strip semiconductor resist jointly with two other firms, the major electronics maker said Monday.  The two are Shibaura Mechatronics Corp.
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By Kyodo News International, Tokyo  Feb. 1--TOKYO -- Sony Corp. plans to shut down its Osaki West Technology  Center in Tokyo's Shinagawa Ward at the end of March in what will be a major  turning point in its TV production business, sources familiar with the plan  said Thursday.
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Toshiba Corp (6502.T) said on Wednesday  it would sell a landmark building in Tokyo&#39;s Ginza district for  161 billion yen ($1.4 billion) to Tokyu Land Corp (8815.T).
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Alcoa Inc. will close an automotive components factory in Ohio and lay off its staff in a bid to cut excess capacity, the Pittsburgh-based company said Tuesday.
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Seagate Technology, the world's largest maker of hard drives, said Monday it is shuttering one of two manufacturing facilities in Northern Ireland, resulting in a cut of 780 employees, about 1.5 percent of the company's global work force.
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Toshiba will discontinue its HD DVD products, it said Tuesday, handing victory to rival high definition disc format Blu-ray Disc.The company will no longer develop, manufacture, and market HD DVD players and recorders.It will reduce shipments of HD DVD players and recorders to retail markets and aims to cease the businesses altogether by the end of March.But the Japanese electronics giant pledged to provide full product support and after-sales service for owners of Toshiba HD DVD products.Recent changes in the market prompted the decision, Toshiba said. Early this year,&#160;Warner Bros. said it would stop issuing movies on HD DVD&#160;in the coming months and rely exclusively on Blu-ray Disc. The Hollywood studio was one of three major studios remaining in the HD DVD camp, and its defection created widespread belief that the battle between HD DVD and Blu-ray Disc was now over.More recently, major U.S. retail chain&#160;Wal-Mart announced it would phase out the sale of HD DVD products, moving to exclusivity with Blu-ray Disc. Electronics retailer Best Buy also said it would back Blu-ray Disc, but it did not say it would stop offering HD DVD.Warner made its decision based on consumer confusion and indifference to high definition movies, an indifference that cost Hollywood in lost revenue, it said. Wal-Mart said U.S. customers preferred Blu-ray Disc movies and hardware. Blu-ray Disc is the high definition disc format championed by Sony.&quot;This once again shows why incompatible and mutually exclusive formats should be avoided at all cost by the industry,&quot; said Carl Gressum, a senior analyst at Ovum. &quot;It reduces profitability and delays customer adoption.&quot;&quot;The big question is, however, the impacts on Toshiba as an electronics company,&quot; he added. &quot;It has after all bet its disc media business on HD DVD, as well as gone for HD DVD integration into some of its laptop PCs. The channel has inventory to clear, and demands from owners of HD DVD players.&quot;Toshiba said its decision came after careful analysis of the long-term impact of continuing the format war, and said a swift decision was called for to help the high definition market develop.The company also pledged to remain a player in the high definition market. Developing HD DVD created many assets for Toshiba and its partners, which include Microsoft, Intel, HP, and Universal Studios, the company said. Toshiba plans to work with these companies to seek future business opportunities.&#160;&#160;
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A Japanese nuclear power plant -- the world's biggest -- may be shut down for more than a year while a safety study is made after an earthquake caused radiation leaks and showed that the plant was built above an active fault.
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Toshiba has abandoned the HD DVD high-definition video disc format, it announced Tuesday.
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Toshiba&#39;s laptop exchange program will run worldwide from Nov. 1 to April 30. The company said 650,000 PCs could be affected. It stressed that the recall will not affect the projected recovery of its PC business.
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Toshiba Corp. has said that it will sell its entire stake in Japanese label Toshiba EMI Ltd. to Britain's EMI Group Plc, saying that music was no longer relevant for the electronics giant.