Thursday, May 17, 2018

China approves Toshiba memory sale

It is reported that Toshiba has received China’s approval for its salew of its memory unit to a consortium led by Bain and Hynix. The announcement puts Toshiba’s management in a dilemma. China has delayed the decision for so long that Toshiba is no longer contractually obliged to sell to Bain/Hynix. It has been pointed ...

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