Bloomberg Originals
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Toshiba to Spin Off Chip Business
Posted
January 27, 2017
Views
2,226
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January 27, 2017
2,226
22
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0:43Now PlayingJan.26 -- Toshiba Corp., facing a multibillion-dollar writedown in its nuclear power division, confirmed plans to spin off its chip unit, a step that will let the conglomerate sell off a stake in the business and raise much-needed cash. Bloomberg's David Ingles reports on "Bloomberg Markets."
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