News > Japan's tech giant Toshiba plans to split; sell stake in Carrier
Japan's tech giant Toshiba plans to split; sell stake in Carrier
Business Standard | 07/02/2022 03:46 PM | Click to read full article
Embattled Japanese technology giant Toshiba plans to split into two companies, one focused on infrastructure and the other on devices, in its latest effort to placate unhappy shareholders.
Toshiba scrapped its earlier proposal for a three-way split, which was not popular with some shareholders.