Toshiba Electronic Devices & Storage Corporation Implements New Strategies for System LSI Business
September 29, 2020
Toshiba Electronic Devices & Storage Corporation
Toshiba Electronic Devices and Storage Corporation has implemented a series of strategic measures to optimize the performance of its system LSI business. The steps announced today will allow the company to further concentrate resources on focus areas, to secure a resilient business structure and a return to stable, profitable growth, and to accomplish its targets under the Toshiba Next Plan.
Toshiba Electronic Devices and Storage Corporation withdrew from logic LSIs (advanced ASIC), excluding automotive digital ICs, in November 2019, as move to stabilize the system LSI business. Now, in line with Toshiba’s overall goal of a sustainable financial base and a stable portfolio, and in response to the economic impacts of the US-China trade dispute and the COVID-19 pandemic, the company today decided to carry out further strategic optimization and to implement the structural reforms detailed below.
1. Further concentrate on focus areas
(1) Advanced system LSI (SoC)
- Withdraw from future development.
- Continue to promote current products, including the Visconti™ family of image recognition processor, and to provide customer support.
(2) Analog ICs and microcontroller units (MCUs) for motor control application
- Worldwide concerns to reduce energy consumption will ensure steady demand growth in motor control. The April 2020 integration of the discrete semiconductor and system LSI operations allowed the company to offer its customers better system-based solutions. The company will now continue to focus on motor control applications and use its cutting-edge power devices to promote services and grow the business.
(3) Analog ICs and microcontroller units (MCUs) for applications other than motor control
- Withdraw from future development
- Continue to promote current products and to provide customer support
(4) CCD linear image sensors
- Continue to promote current products and to provide customer support
(5) Foundry business
- Continue to promote current products and to provide customer support
2. Secure a resilient business structure
The company will implement personnel reallocations and an early retirement incentive program to realize a personnel structure commensurate with sales and business scale.
Information in this document, including product prices and specifications, content of services and contact information, is current on the date of the announcement but is subject to change without prior notice.