On January 26, Wu Jihan, co-founder of Bitmain, officially announced his resignation as CEO and chairman of Bitmain through an encrypted letter. The rhythm BlockBeats unraveled the content of the letter through the password posted by Wu Jihan on Twitter. Jihan Wu explained the final solution to the struggle with Ketuan Zhan in English. At the same time, he also firmly believed that Bitmain would s...
One will focus on devices e.g. HDDs, one on infrastructure, e.g. power stations, and one on Semiconductor memory.
However it is possible that Kioxia, the NAND business in which Toshiba has a 40% stake, may be put under the management of the devices company.
The idea behind the move is to get the market to see the values of the different businesses which have widely different capex needs, profit expectations and growth curves.
Collectively across all its businesses, Toshiba had revenue of $30.8 billion in its last fiscal year.