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Toshiba signs off on separating 3 core segments

Art Post · 6/1/1710:09 PM

TOKYO -- Toshiba said Tuesday that it has inked agreements to split off a trio of core businesses July 1, hoping to afford them greater autonomy and flexibility on its road to rehabilitation. The in-house companies will be absorbed by existing subsidiaries. The unit taking on the infrastructure business will become Toshiba Infrastructure Systems & Solutions. The subsidiary absorbing the electronic devices business will be Toshiba Electronic Devices & Storage. The subsidiary that gets...

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Toshiba signs off on separating 3 core segments

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