Toshiba Corporation announced it will be breaking up into three independent companies by spinning off its energy and infrastructure business as well as its device and storage operations. The downsized Toshiba will continue to hold a 40.6 percent stake in Tokyo-based memory manufacturer Kioxia. The plan follows allegations of mismanagement and a five-month independent review of Toshiba that was in progress when company CEO Nobuaki Kurumatani resigned. Released Friday, the report says the former CEO behaved unethically but not illegally. Toshiba says the break-up is the best path to shareholder value. Continue reading Toshiba Plans to Split into Three Firms After Investor Pressure

In May, Sony revealed the first two models of its intelligent vision sensors, which the company described as the world’s first image sensors with integrated AI processors. Now, the company plans a major shift from hardware sales to “software by subscription” for data-analyzing image sensors on location. The move reflects Sony’s effort to move to a model based on recurring revenue. At Sony Semiconductor Solutions, senior general manager Hideki Somemiya noted that AI-enabled analysis of such data will form “a market larger than the growth potential of the sensor market itself in terms of value.” Continue reading Sony Plans Software Subscription Future with Image Sensors