Jamie McKane
MyBroadband Journalist
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Sharp to purchase Toshiba's PC business
Sharp Corp., controlled by Foxconn Technology Group, plans to buy Toshiba Corp.’s personal-computer business as its Taiwanese parent seeks to expand beyond contract manufacturing and build a brand of its own.
Toshiba is selling 80 percent of the unit for 4 billion yen ($36 million) and the two companies aim to complete the sale by Oct. 1, they said in statements on Tuesday.
[Bloomberg]
Sharp Corp., controlled by Foxconn Technology Group, plans to buy Toshiba Corp.’s personal-computer business as its Taiwanese parent seeks to expand beyond contract manufacturing and build a brand of its own.
Toshiba is selling 80 percent of the unit for 4 billion yen ($36 million) and the two companies aim to complete the sale by Oct. 1, they said in statements on Tuesday.
[Bloomberg]