State-backed fund may invest in Toshiba's chip unit

State-backed fund may invest in Toshiba's chip unit

Innovation Network Corp. of Japan Chairman Toshiyuki Shiga (L) and President Mikihide Katsumata attend a press conference in Tokyo on April 18, 2017. The state-backed turnaround fund may invest in embattled Toshiba Corp.'s memory chip company and will "proceed if (the case) meets our strict investment criteria," Shiga said. (Kyodo) ==Kyodo

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