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Home : January 18 2017 Computer News : Toshiba considers spinning off its memory business

Toshiba considers spinning off its memory business

January 18, 2017

Toshiba said it is considering splitting of its memory business into a separate company but added that nothing had been finalized at this point.The Japanese company said Wednesday that it positions its memory unit as a focus business.The announcement by Toshiba follows news reports that the company was planning to split its semiconductor  business. The company is considering selling a “partial stake� in its semiconductor business to Western Digital in the U.S., to raise funds for an impairment loss in its U.S. nuclear plant unit, reported Nikkei Asian Review.To read this article in full or to leave a comment, please click here

Link: http://www.pcworld.com/article/3158675/mergers-acquisitions/toshiba-considers-spinning-off-its-memory-business.html#tk.rss_all
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