Toshiba Seeks to Raise $5 Billion.

The article reports on the plan of Japanese computer chip manufacturer Toshiba Corp. to raise $5 billion following its biggest lost in company history. The company arrived with such decision due to the loss it incurred in 2008 as well as forecasts that it will still be at risk in 2009 amidst a slowdown in the semiconductor business. It is said that the company has exhausted its cash reserves after several investments and acquisitions. It cites measures that the company needs to take to recover from its loss which includes reserving cash.