Toshiba plans to separate its semiconductor business into a separate company and sell part of it to Western Digital. Toshiba will sell business flash memory Western Digitals and the core reason for this decision of the company is huge financial losses into account this division. It should be noted that in this case for division of Toshiba, which makes flash memory. The two companies already collaborate in this area and built our own factory for similar modules in Japan.
WHY WILL TOSHIBA SELL BUSINESS FLASH MEMORY WESTERN DIGITALS?
According to Toshiba are considering to sell approximately 20% of the business, according to market capitalization price will be between $ 1.77 billion. And $ 2.65 billion., Reported Nsmartphone. This is the division of Toshiba’s flash memory to be separated into a separate company, which will happen by the end of the first half of this year. A curious detail is that this is one of the most lucrative businesses of Toshiba.
The idea of this restructuring is to improve the financial situation of the Japanese manufacturer. Such a decision would provide fresh financial capital in the short term. To see if this strategy, Toshiba will achieve the desired success. This business strategy will likely lead to even better relations between the company and Western Digital.
Title: Toshiba will sell your business with flash memory Western Digital’s
Updated: 2017-01-19
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