TOKYO -- Japanese technology group Toshiba will gradually unwind its stake in memory chip unit Kioxia Holdings, Nikkei learned Friday, in a bid to distance group earnings from the volatile semiconductor industry.
Sale of Kioxia shares set for after unit's October IPO
Toshiba is focusing its operations on the stable infrastructure business. © Reuters
TOKYO -- Japanese technology group Toshiba will gradually unwind its stake in memory chip unit Kioxia Holdings, Nikkei learned Friday, in a bid to distance group earnings from the volatile semiconductor industry.