|By Business Wire||
|February 21, 2014 07:00 AM EST||
Toshiba Corporation (TOKYO:6502) today announced that it will endow a scholarship fund at Brazil’s University of São Paulo that will support students studying for MS and PhD degrees in electrical engineering. The initiative is part of Toshiba's program to support science and technology education and human resources development in South America.
Ken Shimanouchi, Director of Toshiba Corporation (Right) and the representative of the awarded students (Left). (Photo: Business Wire)
Scholarships with an annual value of up to 5-million yen (R$116 thousand*) will be awarded. Selected doctoral candidates will receive an award of 2-million (R$47 thousand*), while students studying for a master’s degree will be awarded 1-million yen (R$23 thousand*). The awards will be made at the end of February.
Brazil has the world’s sixth largest GDP and strong growth dynamics. In coming years, the country will rely on a new generation of leaders to guide its development, and the University of São Paulo, the country’s most prestigious seat of higher learning, is expected to play a major role.
Toshiba will continue to support science and technology education and human resources development in South America. The company is also committed to cultivating talented youths to secure local employment and thereby expand business opportunities.
Note: Based on the current exchange rate of 43 Japanese yen to the 1 Brazil real.
About the University of São Paulo
Established in 1934, the University of São Paulo has approximately 87,000 students, 800 of whom are enrolled as MS or PhD in the Electrical Engineering Graduate Program. The university is ranked No.1 in South America in both the QS World University Rankings and THE World University Rankings.
Toshiba is a world-leading diversified manufacturer, solutions provider and marketer of advanced electronic and electrical products and systems. Toshiba Group brings innovation to a wide range of businesses: digital products, including LCD TVs, notebook PCs, retail solutions and MFPs; electronic devices, including semiconductors, storage products and materials; industrial and social infrastructure systems, including power generation systems, smart community solutions, medical systems and escalators & elevators; and home appliances.
Toshiba was founded in 1875, and today operates a global network of more than 590 consolidated companies, with 206,000 employees worldwide and annual sales surpassing 5.8 trillion yen (US$61 billion). Visit Toshiba's web site at www.toshiba.co.jp/index.htm
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