Toshiba sells its TV unit to Hisense

Toshiba has been shedding its departments for a few years to streamline operations and recoup losses after its 2015 accounting scandal. Sony bought out its sensor business in 2015 for $ 155 million and Bain Capital (of all entities) just purchased its NAND flash memory department for $ 18 billion. Today, Toshiba announced the sale […]

Sharp sues Hisense over a foreign “gag order”

Enlarge / Hisense televisions at the Consumer Electronics Show in Asia in 2015. (credit: STR/AFP/Getty Images) Sharp, a Japanese electronics manufacturer, has filed a lawsuit challenging a foreign gag order that company lawyers say prevents Sharp from talking about its own brand. The dispute is rooted in a licensing deal gone sour between Sharp and Hisense, a fast-growing […]