Toshiba board to approve plans to split off chip business on Friday: source

TOKYO (Reuters) - Toshiba Corp's board will meet on Friday to approve plans to make its chip business a separate company and hopes to raise more than 200 billion yen ($1.8 billion) by selling a 20 percent stake in it, a person with direct knowledge of the matter said.

from Reuters: Technology News http://ift.tt/2kmtUB3