Feb 08, 2022 08:02 PM

Tech Insider: Toshiba to Split In Two, Not Three; Chinese NEV-Makers Have a Strong Start to 2022

Chinese robotics startup Rokae said it has raised $63 million in a new strategic funding round. Photo: VCG

Welcome to Caixin’s Tech Insider, your twice-weekly wrap on the movers, shakers and deal-makers in China’s tech scene.

Toshiba to split into two firms focused on infrastructure, devices

Troubled tech giant Toshiba Corp. said on Monday that it plans to split into two standalone companies, scrapping an initial three-way division that dissatisfied activist shareholders.

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