Toshiba Sells 95% of Its TV Business Unit to Hisense
 

Toshiba on Wednesday announced plans to sell 95% stake in its TV business unit to Hisense Electric for approximately $114 million. The transaction will strengthen Hisense’s positions as the world’s fourth largest supplier of TV sets after Samsung, LG and TCL. Hisense will continue to use the Toshiba brand for TVs designed and made by the assets it acquires.

https://www.anandtech.com/show/12046...nit-to-hisense