Toshiba sells more semiconductor business: Tsinghua Unisplends to snatch

Toshiba has always been one of the largest NAND chip manufacturers in the world, but Toshiba is burying itself step by step due to bad strategic operations and financial scandals in the past two years.

Previously, Toshiba was forced to decide to sell some of its own semiconductor manufacturing operations because of the financial difficulties caused by the financial crisis. The official sales rate is about 20%.

However, reports from foreign media today show that since the latest accounting needs to reduce the amount of funds up to 6.3 billion US dollars, Toshiba may sell 60% of the semiconductor business shares in exchange for sufficient funds to maintain the company's operations.

According to industry sources, NAND chip manufacturing has always been Toshiba’s core and most profitable business. With self-sufficiency in NAND chips, Toshiba and Western Digital can vertically develop new storage devices at a lower cost, including U-disks, solid-state drives, and memory cards, to achieve higher profits.

Today, the same reason is also known to Toshiba's colleagues. In the face of the soon-to-be-released semiconductor business shares, a large number of storage companies are just around the corner.

Potential investors in the industry's current analysis include SK Hynix, Micron, Seagate, and Tsinghua Unisplendour.

Western Digital, the closest partner to Toshiba, has also stated that it will invest in Toshiba’s semiconductor business to protect its partners and its own interests.

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