Toshiba is considering selling its business of producing so-called "white" household appliances, ie, refrigerators, air conditioners, washing machines, etc. in order to improve their financial performance.
The report said that Toshiba was trying to promote his large household appliances abroad, which ultimately negatively affected the company's total revenues, due to the low level of sales. The source suggests that the main contenders for the purchase of this Toshiba business are manufacturers from China.
On the other hand, the Japanese newspaper Sankei reported that Toshiba and Sharp are considering the possibility of establishing a joint venture for the production of "white" household appliances that may be enabled each company to improve its market position. It is reported that Toshiba is now considering two scenarios and the final decision will be taken later. It is noted that the company is actively seeking to reduce costs.