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Toshiba decides to split off core chip business, sell stake

TOKYO, Jan 27 (Reuters) - Toshiba Corp's board on Friday approved plans to make its core chip business a separate company and seek outside investment in it, aiming to avoid being crippled by an upcoming multi-billion dollar writedown for its U.S. nuclear business. [Source]

Publication Date:

Origin: reuters.com

Category: industrialsSector

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Source: http://www.reuters.com/article/toshiba-accounting-semiconductors-idUSL4N1FH1AR?feedType=RSS&feedName=industrialsSector