Toshiba Confirms Possibility of Splitting Flash Chip Manufacturing Into Separate Company
But nothing decided up to now, and no word on Western Digital
This is a Press Release edited by StorageNewsletter.com on January 19, 2017 at 2:33 pmThis is a Toshiba Corporation‘s notice on media coverage of its semiconductor business:
Today’s newspapers, including the Nikkei, have reported that, “Toshiba is considering splitting its semiconductor operations and have started negotiation with Western Digital on such an investment,” and that “Toshiba will consider the future possibility of a stock-market listing for the business (an IPO).”
These reports are not based on any announcements by Toshiba.
Toshiba positions its memory business as a focus business, and is studying the possibility of splitting it into a separate company. However, at this point, nothing has been decided.
Toshiba promptly announces any matters that require disclosure.
Read also:
Western Digital Could Buy Part of Flash Chip Business of Toshiba
As Japanese company is in financial trouble.
2017.01.18 | In Brief
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