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Friday 27 January 2017

Toshiba to Spin Off Chip Business: Bloomberg

Published on 26 Jan 2017
Jan.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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