Manage updates with the Download AppToshiba eyes nuke alliance with Gates start-up
Toshiba is in talks with a company backed by Microsoft Chairman Bill Gates to jointly develop advanced nuclear reactors, the Japanese electronics maker said Tuesday.
The Japanese electronics maker, which is also the world's No. 3 chipmaker behind Intel and Samsung Electronics, added it will restart plans to build a factory to make NAND flash memory chips as the global economy recovers.
Toshiba, which owns U.S. nuclear firm Westinghouse, said it was in preliminary talks with the Gates-backed firm TerraPower to develop so-called traveling-wave reactors, which are designed to use depleted uranium as fuel and thought to hold … Read more
