Toshiba Considers Spinning Off Core Semiconductor Business - News Summed Up

Toshiba Considers Spinning Off Core Semiconductor Business


TOKYO—Toshiba Corp. said Wednesday it was weighing a spinoff of its profitable semiconductor unit, a plan that could help it raise cash in response to a multibillion-dollar write-down at its nuclear business. A spinoff and fresh capital would help the unit compete with Samsung Electronics Co. in an industry where billions of dollars in investment are needed every year to stay abreast of technological changes. A decision could...


Source: Wall Street Journal January 18, 2017 00:34 UTC



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