The laptops-to-nuclear conglomerate said it had overstated past profits by JPY5.8 billion (US$51.30 million) on a pretax basis due to seven new accounting errors, on top of the 224.8 billion in overstated profits it has already announced.

Toshiba is in late-stage negotiations to sell its white goods business to Chinese household appliance giant Midea Group, a move that would mark another chapter in Japan's drastically changing home electronics industry.

Toshiba has granted Canon exclusive negotiating rights for its medical equipment unit after a hotly contested auction, with a report putting Canon's offer at more than $6 billion.

Vaio, the personal computer maker spun off from Sony Corp. in 2014, is closing in on a three-way merger with rivals to create a producer that can dominate Japan and weather a shrinking global PC market.

Toshiba said it would record the biggest annual loss in its 140-year-old history as the firm wrote down the book value of several units, including energy and infrastructure, while restructuring costs ballooned.

Toshiba, reeling from a $1.3 billion accounting scandal, said it intends to ask for a new JPY300 billion ($2.49 billion) credit line by the end of January to fund a large-scale restructuring.

Toshiba is considering spinning off its mainstay memory-chip business to raise funds for capital investment in an initial public offering.

Toshiba is looking to cut up to 7,000 jobs, as it looks to streamline operations in the wake of an accounting scandal, the Nikkei business daily reported.

Toshiba on Friday said it is considering selling a minority stake in its semiconductor business to raise funds in the wake of a drawn-out accounting scandal.

Toshiba is in talks to sell its image sensor business to Sony for about Y20bn ($165m) in the latest effort by the lossmaking nuclear-to-semiconductor conglomerate to raise cash after a $1.9bn accounting scandal.

Toshiba Corp (6502.T) may lay off staff in its underperforming home appliances, TV and PC businesses and seek a partner for its nuclear operations to overhaul the company after a $1.3 billion accounting scandal, its chief executive said on Thursday.

Japan's stock exchange ordered Toshiba to pay a record fine of Y91.2m ($750,000) in the wake of a $2bn accounting scandal, marking another reputational blow to the lossmaking nuclear-to-semiconductor conglomerate.

Toshiba's chief executive and president Hisao Tanaka is to resign after the company said it had overstated its profits for the past six years.

Accounting irregularities have plunged the Japanese conglomerate company Toshiba into a crisis, with several key board members stepping down, including CEO Hisao Tanaka.

Shares in Japan's Toshiba fell 5 percent in early Monday trade on fears that an ongoing third-party investigation into past accounting practices was finding more irregularities than previously expected.

Toshiba's chief executive fought back against shareholder calls for his resignation, promising an overhaul of a corporate culture that had overlooked accounting malpractices for years until they were revealed by a whistleblower.

Toshiba and Microsoft have announced that the two companies have signed a memorandum of understanding (MOU) to jointly develop solutions for the Internet of Things (IoT).

Shares in Toshiba fell nearly 5% on Monday after the company said it was looking into possible accounting irregularities, its second investigation into its bookkeeping practices in less then two years.

Toshiba has announced the launch of "T4KB3", a 13-megapixel BSI CMOS image sensor with the optical format of 1/3.07 inch for smartphones and tablets. Sample shipments start today.

Pen-based computing died a cold hard death once consumers embraced touch, but following on the moderate success of Microsoft's Surface Pro line, Toshiba seems to think there may really be an appetite for pens again.

Toshiba will decide during the next business year from April on where to build an additional memory chip plant and will consider overseas locations for the facility, according to company CEO Hisao Tanaka.

Toshiba has become the latest electronics giant to move into a very different business line - the production of vegetables.

Three of Japan's biggest electronics companies reported modest earnings gains Thursday for the first half of the financial year ending March, helped by the yen's weakness and restructuring, but held back by a soft domestic economy.

Toshiba has developed what it claims is the world's fastest device controller for embedded NAND flash memory modules compliant with the Universal Flash Storage (UFS) Ver.2.0 and UFS Unified Memory Extension (UME) Ver.1.0 standards defined by JEDEC Solid State Technology Association (JEDEC).

Toshiba and SK Hynix will begin joint production of next-generation memory chips as early as fiscal 2016, bringing them to market ahead of US firm Micron Technology, The Nikkei learned Wednesday.

Toshiba's new chief executive said he won't pull the plug on the company's unprofitable television and personal-computer operations, shunning the "easy option" of exiting cutthroat competition for a chance to reclaim its former prominence in the businesses.

With Toshiba's existing chip facilities now running at full capacity, the company may spend some of a 38% hike in its capex budget this year on extending a factory, the company's incoming president, Hisao Tanaka, said in a recent interview.

Toshiba also may be among the initial customers since the three companies partner with SK Hynix on the development of resistive random access memory, or ReRam.

Both Toshiba and Taiwan Semiconductor Manufacturing Company (TSMC) have developed mask read-only memories (MROMs) that can offer greater data density by storing multiple bits per cell.

Toshiba has expanded its package line-up of interface-converter bridge LSIs for high resolution LCD display that are used in tablets, Ultrabooks and other applications.

Toshiba said it will soon begin mass producing a new type of 64Gbit NAND flash that is the smallest and fastest in its class, though it still lags rival Samsung Electronics in the development of an even denser flash technology.

Toshiba has said that it will concentrate on three fields: analog, automotive and communications in 2013.

The board of directors of Toshiba has nominated Hisao Tanaka, corporate senior executive VP of Toshiba, for the post of president and CEO of the company.

Toshiba has subsequently brought this high level performance to its original microcontrollers and to ARM core-based microcontrollers. The newly-developed NANO Flash-100 achieves a zero-wait cycle during random access at 100MHz operation.

Toshiba is expected to report a 10% drop in consolidated operating profit for the April-September period as a strong yen hurt sales, the Nikkei reported.