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Sunday, January 29, 2017

Toshiba is selling off part of its memory business

#Toshiba on Friday officially announced it will sell a portion of its #flashmemory business, including the #SSD business of the Storage & Electronic Device Solutions Division, to a not-yet-named buyer. The company, which invented #NAND flash in the early 1980s, announced last week it was exploring spinning off its memory business. A Nikkei's Asian Review said Toshiba had been considering spinning off its semiconductor operations and selling a partial stake to #WesternDigital ( #WD ), "as it tries to cope with a massive impairment loss in its U.S. nuclear power unit."

http://www.computerworld.com/article/3162510/data-storage/toshiba-is-selling-off-part-of-its-memory-business.html

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