View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
July 2, 1987

HARA KIRI! TOP TWO AT TOSHIBA QUIT OVER SUB PACT

By CBR Staff Writer

Despite the fact that they assumed their positions of chairman and president respectively only in 1986 – long after Toshiba Machine’s illegal sale of eight milling machines to the Soviet Union, Shoichi Saba and Sugiichiro Watari have resigned their posts atop Toshiba Corp. The sacrifice is intended as a sop to the Americans, where the Senate Tuesday voted 92 to five to bar all Toshiba Corp imports for at least two years (CI No 715). Although it would be some time before any ban could take effect, assessments suggest that it would cost Toshiba between $1,000m and $2,000m a year in US sales, call into question a major agreement under which Motorola gets its own brand memory chips from Toshiba, and also the Grid Systems agreement on the T3100 lap-top. Toshiba suggests it would also threaten its 4,000 US employees.

Content from our partners
Powering AI’s potential: turning promise into reality
Unlocking growth through hybrid cloud: 5 key takeaways
How businesses can safeguard themselves on the cyber frontline

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU