#semiconductor unit

Toshiba is looking to spin off its semiconductor business to make up for massive losses in other areas

Most of us in the technology space know Toshiba as a company that makes business laptops and the occasional hard drive. However, the company also makes memory chips, among other things and apparently, it’s quite good at making said chips.

Toshiba now wants to separate the memory chip business from the rest of the company. Valued at over $17 billion, the company is also looking for buyers keen on…

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GlobalFoundries to take over IBM's semiconductor unit in $1.3 billion deal