Toshiba Chip Sales Talks Stall

Toshiba Chip Sales Talks Stall

Assessment

Interactive Video

Business, Social Studies, Other

University

Hard

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Toshiba's chip unit sale to Bain LED group is delayed due to legal disputes with Western Digital and internal consortium disagreements. Toshiba wants upfront payment for some costs, but the consortium is hesitant. The deadline for the deal is March 2018, and while an IPO is considered, it's unlikely. Toshiba's flash memory unit shows strong earnings growth and a positive market outlook.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How has Toshiba's flash memory market outlook been described?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What did the sources indicate about Toshiba's ability to finalize the deal by March?

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