Toshiba confirms sale of chip business stake

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Toshiba Corp says it will sell a minority stake in its memory chip business as it urgently seeks funds to offset an imminent multi-billion dollar writedown, adding that its overseas nuclear division – the cause of its woes – was now under review. David Pollard reports.

Toshiba confirms sale of chip business stake

Tags : toshiba, Toshibaaccounting, Satoshi tsunakawa, Foxconn, Chip business, Accounting

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