Withdrawal from some semiconductor businesses of Toshiba To recruit for voluntary retirement for 770 people September 29, 18:49
Toshiba, which is proceeding with business restructuring, has decided to withdraw from the semiconductor business called system LSI, which was being produced for automobiles, which had been sluggish, soliciting voluntary retirement from 770 employees and re-establishing to other departments We will proceed with the placement.
According to the announcement, Toshiba has decided to withdraw from the semiconductor business that its subsidiary is engaged in, called system LSI, which includes image processing sensors for automobiles.
System LSIs are used for image processing when autonomous driving sensors recognize the surrounding situation, but development competition with other manufacturers is fierce, and the business has been in the red for three years. ..
We plan to solicit early retirement or relocate to other departments by February next year for 770 employees involved in the business, and re-employ employees who respond to the early retirement offer. It is said to support.
The withdrawal of the business will incur an additional cost of 11.8 billion yen this year, but the business outlook remains unchanged from the previous forecast.
Toshiba, which is undergoing management restructuring, is proceeding with structural reforms such as reviewing unprofitable businesses, and aims to achieve a management structure that can minimize the effects of trade friction between the United States and China and the new coronavirus.