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Sharp interested in buying Toshiba’s operations

  • February 7, 2017
  • , Nikkei evening edition , p. 3
  • JMH Translation

On Feb. 7, a senior executive at Sharp revealed the firm’s interest in buying Toshiba’s overall operations.  Although the company has reportedly decided to forgo investing in a semiconductor business that Toshiba will spin off into a separate firm, the person stated:  “We are interested in any operations that are relevant to Sharp. Toshiba and Sharp are conducting similar operations, except for power generation and semiconductors, and there are opportunities for synergy between us.”

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