Toshiba’ plan to sell off a stake in its chip business to raise cash faces problems. The need arose because of losses in its nuclear business which could be as big as $6 billion and its barring from raising fresh equity funding following its accounting scandal. Toshiba now faces having a negative net worth It ...
Read full article: Toshiba faces problems in selling chip stake
from Electronics Weekly http://www.electronicsweekly.com/news/business/toshiba-faces-problems-selling-chip-stake-2017-01/
No comments:
Post a Comment