Toshiba Corp. on July 11 had a meeting with its main banks about the negotiation of the sale of its semiconductor memory business with the Japan-US-South Korea ally led by Innovation Network Corp. of Japan (INCJ). The top management of Toshiba explained the negotiation is stalemated because the ally has a difficulty on the roles of SK Hynix of South Korea, which seems to have a stronger interest in NAND type flash memory technology than the other have earlier expected because SK is behind Samsumg in the mass production for NAND memory while it has know-how in DRAM production, which lacks in Toshiba and thinks the company has a merit to join the ally and commit to Toshiba Memory’s production more aggressively. Toshiba revealed it has started to negotiate again with Western Digital and Hon Hai Precision. WD has proposed the acquisition by allying with U.S. fund Kohlberg Kravis Roberts (KKR & Co.), INCJ and Development Bank of Japan. Toshiba wants to decide the sale of Toshiba Memory by the end of March, 2018 in order to have excessive liabilities two years in a row which is to lead to the company going private.
Ricoh India Ltd., announced the launch of its new digital SLR camera-PENTAX KP. The D-SLR features an APS-C sized CMOS image sensor, supported by approximately 24.32 megapixels and sensitivity ranging up to ISO 819200. It is equipped with a 5-axis shake-reduction system, an electronically controlled shutter unit for super-high-speed shooting at 1/24000 second and an optical viewfinder with nearly 100% field of view. The Pentax KP is dustproof, weather-resistant and can endure temperatures as low as -10°C. It can also capture high-resolution Full HD movie clips in the H-264 recording format. It is equipped with a 3.0-inch LCD monitor with a vertical tilt function, a Real-time Scene Analysis System and a High-speed 27-point autofocus system with the SAFOX 11 module. The PENTAX KP provides a range of customisation features, such as a grip replacement system to personalise the camera's grip to accommodate the photographer's shooting style or a mounted lens. RICOH Pentax KP is available on Ricoh India web store and at retails outlets at INR 88,584. Commenting at the launch, Yuki Uchida, VP and CMO, Ricoh India said, "Ricoh is persistent in its effort to leverage technology to design innovative products that improves the quality of life. The new D-SLR reflects our engineering expertise that weaves design, stateof-the-art features in a compact body that delivers the highest level of experience to customers. Photography enthusiasts will love the outstanding specifications and customizable features of the camera that can shoot great stills and video clips."
Veteran Indian artist, Jaideep Mehrotra recently announced his solo exhibition titled ‘Reflections in Mercury’. The exhibition will be held at Tao Art Gallery in Worli, Mumbai, from 23rd September to 22nd October, 2017. Known for his figurative works, Jaideep will be showcasing his abstract paintings for the first time. A combination of metal, paint and various mixed media come together in his work to form these intriguing, highly reflective, metallic works. Having working for over four decades, Jaideep Mehrotra is considered to be India’s finest inventive contemporary artist. Along with 23 solo exhibitions to his credit, he has participated in numerous group shows all over the world.