Toshiba to separate its NAND manufacturing business

The Japanese electronics giant Toshiba is going to sell a part of its chip division. Reuters reports the company is looking for an outside investor for the company’s memory chip business that is valued at around 1 and 1.5 trillion yen ($9-13 billion). Last week, anonymous sources already claimed Toshiba wanted to sell its chip division and that hard disk manufacturer Western Digital was possibly interested.

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