Toshiba says it is considering sale of majority stake in chip unit

Toshiba says it is considering sale of majority stake in chip unit

REUTERS/Yuya Shino

Toshiba Corp said on Friday it is looking to sell a majority stake in its prized flash memory chip business to plug a hole in its finances from a $6.3 billion writedown of its U.S. nuclear unit.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter