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Toshiba mulls of spinning off its semi-conductor business
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Toshiba mulls of spinning off its semi-conductor business
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20th January 2017, 08:51
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 148,500
 |  Toshiba mulls of spinning off its semi-conductor business Anyone want to pay for a load of old Tosh? The Japanese tech giant renowned for its creative accounting is thinking of spinning off its semiconductor business and selling a partial stake in the unit to Western Digital. According to the Nikkei financial daily Toshiba wants to flog a 20 per cent interest in the unit for about $1.77 billion-$2.66 billion while retaining a majority stake. http://fudzilla.com/news/processors/...uctor-business |
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