Toshiba

The long awaited restructuring of Toshiba will put at least 7,000 people out of work, it has emerged.

Toshiba will sell off its TV business, can its PC notebook business and streamline itself by concentrating on making semiconductors and working on nuclear energy.

Toshiba found itself in a $1.3 billion accounting mess and the new management has been forced to make drastic changes. Toshiba has been in notebook PCs since the very beginning but while it used to be one of the top notebook manufacturers, that position has dwindled over the years.

2014 brought more attention to 4K and curved displays than on 3D and active glasses. Toshiba launched a 4K laptop in April, LG sells a 4K curved TV, and recently Samsung introduced a 4K curved PC monitor. Apple took it a step further and released a 5K iMac refresh, followed by Dell with a 5K "smart desk", and Samsung promised to release a phone with a foldable display in 2015. Toshiba is also following the 'retina' trend and is looking to bring smooth 8K broadcasts by 2020.

Intel's Haswell CPUs have been good to Ultrabook makers. Use them, and you get an essentially "free" battery life boost without sacrificing any performance. Most of the PC OEMs—Acer, Dell, Apple, and Lenovo among them—have simply dropped Haswell processors into lightly-modified versions of their Ivy Bridge Ultrabooks and called it a day.

Toshiba has announced the launch of nearline enterprise capacity HDDs with a recording capacity of up to 5TB.

The tech giant says these hard disk drives are the industry's largest for models that are not filled with helium gas. Helium reduces friction and vibration, two elements that limit the storage capacity of hard drives, and also makes such storage consume less power to function. However, while some companies such as HGST have created 6TB HDDs using the gas, helium does have a tendency to leak -- making some drives unusable in the long run.

Just a few days after announcing that it was filing for bankruptcy, solid-state storage manufacturer OCZ has confirmed that it will be selling its assets to Toshiba for $35 million. According to the release, Toshiba will be acquiring "OCZ's client and enterprise solid state drive business" and that the sale is expected to close "within approximately 60 days." Toshiba will also be providing OCZ with the funding it needs to buy up NAND and support "existing and future customers" during the transitional period.

One of the biggest suppliers of solid state drives has announced it has filed for bankruptcy after months of financial problems. San Jose, California-based OCZ Technology revealed its plans on Wednesday, along with a buyout offer from Toshiba.

Toshiba is launching a new line of tablets running Android 4.0 Ice Cream Sandwich in May and June, the company announced Tuesday. The "Excite" tablet family will come in 7.7-inch, 10-inch, and 13-inch sizes, and all will have Tegra 3 quad-core processors.