Toshiba Corp is in talks to sell a minority stake in its flash memory business to U.S. chips business partner Western Digital Corp in a bid to boost its capital base, a source briefed on the discussions said on Wednesday.Read more: Reliance Jio Effect: Vodafone Offering 4GB Data for The Price of 1GB and More
Toshiba said in a statement earlier that it had been considering various options for its memory business, including a spin-off, but that nothing concrete had been decided.Read more: Samsung Chief Jay Lee Arrives for Hearing on Arrest Warrant
California-based data storage company Western Digital operates a NAND flash memory plant in the city of Yokkaichi in Mie prefecture with Toshiba.Read more: Apple iPhone 8 To Have All Glass Front and Back, Stainless Steel Frame?
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