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Business

Toshiba to whittle down chipmaking ops

Toshiba will use money from the sale to expand memory chip fabrication facilities in Yokkaichi.

TOKYO -- Toshiba has firmed up plans to unload a large portion of its semiconductor-manufacturing operations as part of sweeping reforms to improve profitability in the wake of an accounting scandal.

     The Japanese company plans to keep NAND flash memory operations, its biggest profit source and a field where its market share is second only to Samsung Electronics. Product lines up for sale include analog chips, LSI chips, microcontrollers and power-saving semiconductors. Applications include cars, industrial machinery, home electronics and housing construction equipment.

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