Currently, Toshiba’s plan to sell the semiconductor business to Bain Capital’s lead consortium is being submitted to the Chinese regulatory authorities for review. If there is no Chinese regulatory approval before the end of May, the sale will be temporarily suspended. Meanwhile, Toshiba’s internal presence Whether or not 'sale has lost meaning' was questioned.
The semiconductor business accounts for about 90% of Toshiba’s operating profit. To solve the debt problem, under the pressure of the bank, Toshiba decided to sell the semiconductor business in September last year. However, Toshiba’s memory chips rank second in the global market, second only to Samsung. So for Toshiba, selling the business is a tough decision.
However, continuing to retain the semiconductor business will also bring risks. If you want the business to continue to remain competitive, then Toshiba will need to invest 300 billion yen in equipment investment each year. But if the demand for the smart phone market declines, then doing so may result in Toshiba’s The financial situation deteriorated rapidly.