Thursday 19 January 2017

Toshiba mulls semiconductor spin-off

Toshiba is looking at spinning off its semiconductor division and selling a 20% stake in it, reports the Nikkei, and may make the decision this week. The accounting scandal followed by cost over-runs in its nuclear Business following a US acquisition, have exposed Toshiba to huge liabilities. On Friday the company meets its bankers to ...

Read full article: Toshiba mulls semiconductor spin-off



from Electronics Weekly http://www.electronicsweekly.com/news/business/toshiba-mulls-semiconductor-spin-off-2017-01/

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