Toshiba Considers Listing or Partial Sale of Chip Business

Peter Clarke, EETimes
11/30/2015 10:29 AM EST

LONDON—Toshiba Corp. said Friday (Nov. 27) that it was considering splitting off its semiconductor business with listing it as a means of raising capital or it could sell off part of its chip business.

Observers say there is a deal to be done between Toshiba and China's state-controlled Tsinghua Unigroup, which has made an unsuccessful informal bid of $23 billion to buy US memory maker Micron Technology, and reportedly was rejected by South Korea's SK Hynix after offering to buy a 20 percent stake in the company for about $5.3 billion

Click here to read more ...