Reuters sources say Foxconn’s Sharp is in final talks to buy Toshiba’s PC business for around $45.7 M.
The two could finalize the deal as early as this week.
Sharp withdrew from the PC business in 2010 and wants to reenter the market now that it can leverage the purchasing power of Foxconn.
Toshiba’s PC business reported a loss of 9.6B yen on sales of 167.3B yen in the last fiscal year.
Toshiba previously sold off its TV business to Hisense and its white goods business to Midea Group to help cover liabilities from its bankrupt nuclear unit.