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. 

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