[Newsmaker] Korean, Chinese chipmakers raise stakes on Toshiba
Mar 2, 2017
Chipmakers from South Korea, Taiwan and China are beefing up moves to acquire the NAND Flash business of Japan’s cash-strapped Toshiba in their quest to spearhead the global NAND market. According to the semiconductor and financial industries Thursday, global chipmakers are doubling efforts to take over Toshiba’s NAND business after it was reported earlier this week that the financially troubled Japanese company will sell a majority stake in the NAND businessToshiba aims to raise about 1 trillio