Toshiba restructuring restructuring of several fund bidding LED chip business

The Nikkei News reported on 23, Toshiba (Toshiba) considering the sale of SOC (System LSI) and other parts of unprofitable semiconductor (chip), after the company will be poured into the resources of the NAND type flash memory (Flash Memory) and nuclear power equipment two career. Reported that Toshiba plans to sell the object for most NAND outside of the Flash chip business, specifically, including analog chip LSI, and micro controller (MCU) and a power supply control chip, estimated annual sales sold a total of about 200 billion yen, the sale amount is expected 200 billion yen.

At the end of October 2015 Toshiba announced its withdrawal from the white LED market, was a message, that several financial institutions expressed interest. Toshiba said in a press release, will exit the CMOS image sensor and white light LED market. White LED company belongs to the discrete elements cause, planned for the end of the year 2015, that is the end of March 2016 formally withdraw from the white LED market. The industry believes that Toshiba's motivation is to withdraw from the market competition LED white hot, in the case of limited profit exit, and focus on the technology of resources in the cause of profit.

According to reports, for the sale of the chip business, Toshiba has started the bidding procedures, and Seiko and Holdings (8050.JP) is provided with a semiconductor business joint venture bank of Japan and a number of funds are likely to participate in the bidding, and Toshiba plans before the end of March to finalize the buyer, but the buyer's visual conditions, as well as the intention of the customer end finally, Toshiba may have decided not to sell the chip business, continue to operate.

Reported that the NAND Flash is Toshiba's parent, Toshiba Jinji maximum profit source, its market share after Samsung, ranked second in the world, while Toshiba will cause the reorganization plan by funds obtained and used to amplify the NAND Flash Yokkaichi plant equipment capacity.

According to the Castrol XQ winner in the world Toshiba 22 closing quotation system, jumped 5.21% to 222 yen, down 11.60% so far this year.

Toshiba since the outbreak of accounting scandals, will continue to make snap to streamline measures in the semiconductor business, Toshiba has announced that it will withdraw from the continuing losses into the white LED, and the CMOS image sensor production equipment will be sold to Sony, CMOS to exit the market.

It is expected that in March 2016 will be informed of the results of the sale of the chip industry, while Toshiba may take part in the sale of the way. The day before Toshiba has sold its COMS business to Sony, facing the continuous loss of LED business, but the reorganization can let Toshiba continue to profit.