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Toshiba to sell chip unit to Japan-U.S.-S. Korea group for $21 bil.

Toshiba to sell chip unit to Japan-U.S.-S. Korea group for $21 bil.

Toshiba Corp. holds a board meeting at its headquarters in Tokyo on Sept. 20, 2017. The company said later in the day it will sell its chip unit, Toshiba Memory Corp., to a Japan-U.S.-South Korean consortium for 2.4 trillion yen ($21.5 billion), rejecting a counterbid from its longtime partner Western Digital Corp. (Kyodo) ==Kyodo

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Toshiba to sell chip unit to Japan-U.S.-S. Korea group for $21 bil.

Toshiba to sell chip unit to Japan-U.S.-S. Korea group for $21 bil.

Photo taken Sept. 20, 2017, shows Toshiba Memory Corp.'s Yokkaichi flash memory plant in Mie Prefecture, central Japan. Toshiba Corp. said the same day it will sell the chip subsidiary to a Japan-U.S.-South Korean consortium for 2.4 trillion yen ($21.5 billion), rejecting a counterbid from its longtime partner Western Digital Corp. (Kyodo) ==Kyodo

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