If Japan’s Toshiba Corp. parts ways with its embattled U.S. nuclear unit, Westinghouse Electric Co., the likely buyer may be a regional neighbor with global ambitions. Westinghouse would be a strategic fit in China or South Korea, which are developing their own reactors for export, according to analysts and academics.
Category: Toshiba
Melted Nuclear Fuel Search Proceeds One Dead Robot at a Time
The latest robot seeking to find the 600 tons of nuclear fuel and debris that melted down six year ago in Japan’s wrecked Fukushima Dai-Ichi power plant met its end in less than a day. The scorpion-shaped machine, built by Toshiba Corp., entered the No.
Toshiba Drops on Reports of Nuclear Unit’s $4.3 Billion Loss
Toshiba Corp. posted its biggest decline since May 2015 after reports that it may book a loss of as much as 500 billion yen on its U.S. nuclear operations. The shares fell as much as 16 percent to 371 yen in early trading in Tokyo on Tuesday.