Toshiba Will Split Into Three Different Companies
After 140 years of growth, the Japanese multinational conglomerate Toshiba recently announced a strategic reorganization into three standalone companies. This is the first-ever spin-off scheme for a Japanese company of its size. The reorganization involves the creation of a new device business, which includes hard disks and semiconductors.
This announcement came in the same week that U.S. industrial giant General Electric also revealed its plans to split into three public companies. Then today, South Korean manufacturing conglomerate Samsung announced that it will be combining its mobile and consumer electronics businesses. While each of these events involves a high-level corporate reorganization—whether it be a division or a merger—it eventually impacts the resources and focuses on hardware-level research and development.
Zooming in on Toshiba, specifically, how might this division affect the company’s hardware developers and the engineers who commonly use Toshiba’s components?
