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Toshiba company information By Mast Business Directory

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A popular multinational company, Toshiba, merger of two companies is founded in 1939 by Hisashige Tanaka as Shibaura Engineering Works. Ichisuke Fujioka and Shoichi Miyoshi are Founders of Tokyo Electrics and Atsutoshi Nishida is the CEO of the company. Headquarter of Toshiba is in Tokyo, Japan. Toshiba manufactures digital products, electronic devices like electronic test equipment, electronic hardware, electronic components, digital telephony and home appliances. The company has separate status in the field of electronic products and electrical engineering. It was the first company that manufactures telegraph equipment. In 1875 Hisashige Tanaka was established and in 1904 the company was renamed to Shibaura Engineering Works. It became very popular in the start of 20th century in the field of heavy industry in Japan.

Other company, Hakunetsusha was established in 1890 which was the first producer of incandescent electric lamps. It started to produce different consumer products and renamed in 1899 to Tokyo Denki. Toshiba is a merger of Tokyo Denki and Shibaura Seisakusho which formed in 1939. In the formation of Toshiba “To” is taken from Tokyo Denki and “Shiba” is taken from Shibaura Seisakusho. The merger of these two companies was called Toshiba but it was not an official name until 1978. In 1978 the company was renamed officially as Toshiba Corporation.

The group extends it by buying heavy machinery industries in 1940s and 1950s. Toshiba Group included Toshiba International Corporation, Toshiba Chemical, Toshiba EMI, Toshiba Electrical Equipment, Toshiba Lighting and Technology and Toshiba Carrier Corporation. Toshiba introduced many new products in Japan for the first time such as radar, microwave oven, transistor television, Japanese word processor, color video phone, Laptop computers, DVD, HD DVD etc. A subsidiary of Toshiba, Toshiba Machine was accused illegal in producing submarine. Actually it was a threat for the security of America so Toshiba Machine has to face lawsuit.

Toshiba contracted with Orion Electric to produce video products and TV in 2001 which meet the demands of the market of North America. In 2004 Toshiba discontinued the manufacturing of traditional TVs and used new technology to manufacture TVs. BNFL confirmed the sale of Westinghouse Electric Company in July 2005. Many renowned companies bid for it including General Electric and Toshiba to by Westinghouse Electric Company. But when the financial report appeared Toshiba won the bid. Toshiba is very popular for the production of Semiconductors and it always remained in the list of top five companies.

In March 2008, a new company was launched by Toshiba in America called “Toshiba America Nuclear Energy corp". The main purpose of the company is to market and promote the nuclear power plants, boiling water and related services. Toshiba manufactured mobile communication equipment, digital network media and personal computers which won respect in the market. The company produces semiconductors, display devices and notebooks and many computer components. Toshiba opened UPS (United Parcel Service) where customers leave their computers and the store sends them to the company. Toshiba repairs them and after repair send back to the customers. Toshiba provides technical support in HD DVD to their customers all over the world.

Toshiba manufactures Hard disks, Refrigerators, Battery cells, air conditioners, computer components and laptops. Toshiba always tried not to pollute the environment by using some techniques and recycling processes. There are many competitors of Toshiba in the field of electronics such as Matsushita Electric Industrial (Panasonic), Samsung, Sony, JVC, Hewlett-Packard, Philips, Hitachi, Pioneer, Sanyo, and Mitsubishi electric, LG, Dell, Apple, Siemens and General Electric. Currently Toshiba is trying to prepare smaller nuclear power plant Toshiba 4s for Alaska, Europe and Japan although this news is not confirmed by the company executives or spokesman.

More companies information

Sony, Panasonic, Toshiba, Acer, Asus, ViewSonic, Apple, HP, Dell, Samsung, LG

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