Toshiba to Spin Off Chip Business

Toshiba has confirmed it will spin off its chip business, effective March 31st. An extraordinary shareholders meeting will be held to discuss plans, though some details remain undecided. The market is currently on a lunch break, and reactions will be observed when Tokyo reopens. The company has faced ongoing issues, impacting its shares.

When will the spin-off of Toshiba's chip business take effect?

What kind of meeting is Toshiba holding regarding its business plans?

What are some of the undecided plans mentioned for Toshiba's assets?

What is Toshiba planning to do with its chip business?

How might the market react to Toshiba's announcement about its chip business?