TOKYO—Toshiba Corp. said Friday it would put part of its semiconductor unit up for sale, seeking to stay afloat after a planned write-down of billions of dollars connected to its U.S. nuclear business. Analysts said the sale of just under 20% of Toshiba’s memory-chip business, which supplies chips to the likes of Apple Inc., could bring in more than $2 billion because of high demand for chips in products such as smartphones and...
Source: Wall Street Journal January 27, 2017 04:24 UTC