ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Electronics

Toshiba to sell TV unit to China's Hisense for $113.6m

Japanese company shedding noncore assets to ease losses from U.S. nuclear unit

Toshiba's television subsidiary produced about 700,000 TV sets during the last fiscal year up to March.

TOKYO -- Embattled Japanese electronics-maker Toshiba said on Tuesday it has agreed to sell its television subsidiary to Hisense Group, a major Chinese electronics manufacturer.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more