On January 18, Toshiba announced its decision to sell the ownership of its nuclear power subsidiary, Westinghouse, to a group led by the hedge fund Baupost Group. This move is expected to boost Toshiba’s assets by 401 billion yen (around $3.68 billion), marking a significant step in the company’s financial restructuring.
This sale marks the end of an era for what was once a strategic partnership between Toshiba and Westinghouse. From 2006, when they were closely aligned, to 2017, when they finally parted ways, their relationship has been marked by dramatic twists and turns over the course of 11 years.
The partnership began with a bold ambition: expanding into the global nuclear power market. In February 2006, Toshiba acquired Westinghouse Electric, a U.S.-based nuclear power equipment company, for $5.4 billion. This acquisition was four times the price of the 1999 British nuclear fuel company’s purchase of Westinghouse, showing how seriously Toshiba viewed the potential of the overseas nuclear market. At the time, this deal significantly expanded Toshiba’s nuclear technology capabilities and helped shape a three-tiered global nuclear equipment manufacturing industry—Japan, the U.S., and Europe.
However, things took a sharp turn after the 2011 Fukushima nuclear disaster and the drop in natural gas prices, which made nuclear energy less attractive. Japan shut down all its nuclear plants, leading to years of losses in the sector. A major financial scandal further deepened the crisis, resulting in a $4.2 billion loss in the third quarter of 2015. By 2016, Toshiba was on the brink of insolvency, and in February 2017, its chairman, Shige Shiga, resigned.
With the nuclear business in decline, Toshiba turned to selling off various divisions to raise capital and avoid bankruptcy. In late 2015, it sold its color TV production plant and washing machine factories to Skyworth Group for about $25 million. The following year, it sold its white goods businesses, including washing machines and refrigerators, to Midea Group.
In early 2017, Toshiba also sold a 1.78% stake in Japan Display, a company formed from the merger of Sony, Toshiba, and Hitachi's display divisions. Though the exact amount received wasn’t disclosed, the move was part of a broader strategy to stabilize finances.
Later that year, Toshiba sold its stake in Toshiba Machinery for $134 million and began transferring its flash memory business, valued at around $17.4 billion. Given the high demand for flash memory chips in mobile devices, this division became a hot target for companies like Foxconn, Apple, and Midea.
In November 2017, Hisense Electric acquired a 95% stake in Toshiba Video Solutions for approximately RMB 763 million, with the deal expected to close by the end of February 2018. Meanwhile, Western Digital sought to reconcile with Toshiba over the sale of semiconductor shares, as the two had previously collaborated on flash memory but now faced tension due to the transaction.
While these moves have provided temporary relief, Toshiba is now navigating a new phase of transformation. With many core businesses sold, the company must find a sustainable path forward in an increasingly competitive global market.
According to the difference in the number of output phases, it can be divided into single-phase and three-phase AC power supplies.
The output power of single-phase adjustable AC power supply ranges from 500VA to 200KVA, the output power of three-phase adjustable AC power supply ranges from 3KVA to 600KVA, the output voltage is divided into 0 ~ 150Vac, 150 ~ 300Vac, and the output frequency is adjustable from 45Hz to 70Hz with 50/60Hz fixed frequency output.
Through the friendly operation panel, you can read the output data such as output voltage, output current, output power, power factor, etc., providing accurate data records for your test, and can add RS485 interfaces as standard, following the MODBUS-RTU international communication protocol, which can realize remote control and operating status monitoring of the power supplies.
This series of adjustable AC Power Supplies have comprehensive protection functions, such as: over voltage, over current, over temperature and short circuit protections, which can protect the AC power supplies and DUT from damages. At present, it is mainly used for Various electrical appliance manufacturers conduct grid simulation tests on electrical appliances according to the voltage/frequency requirements of different countries. Imported electrical appliances are used for the domestic demand for variable voltage and frequency conversion, as well as various AC motors and AC transformers.
Variable Frequency AC Power Supplies
The VFP series AC Power Supplies are high precision, high efficiency, low THD adjustable AC power supplies that converts the input mains power through AC→DC→AC conversion, and gives a pure sine wave AC output with adjustable voltage & frequency within a certain range. Also known as Variable Frequency AC Power Source.
According to the difference in the number of output phases, it can be divided into single-phase and three-phase AC power supplies.
The output power of single-phase adjustable AC power supply ranges from 500VA to 200KVA, the output power of three-phase adjustable AC power supply ranges from 3KVA to 600KVA, the output voltage is divided into 0 ~ 150Vac, 150 ~ 300Vac, and the output frequency is adjustable from 45Hz to 70Hz with 50/60Hz fixed frequency output.
Through the friendly operation panel, you can read the output data such as output voltage, output current, output power, power factor, etc., providing accurate data records for your test, and can add RS485 interfaces as standard, following the MODBUS-RTU international communication protocol, which can realize remote control and operating status monitoring of the power supplies.
This series of adjustable AC Power Supplies have comprehensive protection functions, such as: over voltage, over current, over temperature and short circuit protections, which can protect the AC power supplies and DUT from damages. At present, it is mainly used for Various electrical appliance manufacturers conduct grid simulation tests on electrical appliances according to the voltage/frequency requirements of different countries. Imported electrical appliances are used for the domestic demand for variable voltage and frequency conversion, as well as various AC motors and AC transformers.
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Yangzhou IdealTek Electronics Co., Ltd. , https://www.idealtekpower.com